For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from […]
Swiss Distributed Ledger technology (DLT) bill Since 2017, efforts have been underway in various jurisdictions such as Liechtenstein, Germany, France, Japan, Singapore and, of course, Switzerland to encourage the further development and legal embedding of DLT-based assets, while also limiting the associated risks. In contrast to Liechtenstein, Switzerland has not created a new law on […]
In September, Starbucks announced it has partnered with Polygon to build its Starbucks Odyssey Web3-powered experience. The beta is now live. Starbucks Odyssey is an extension of Starbucks Rewards loyalty program that unlocks access to exciting new benefits and experiences for members. The experience allows members to participate in a series of entertaining, interactive activities called ‘Journeys”. Once […]
