Blockchain
20 SwissTech startups zoom onto the world stage
On June 10, SwissTech Pitchinar, a pitching competition in webinar format, was joined by 20 leading Swiss startups in the fields of Advanced Instrument, Artificial Intelligence, Augmented/Virtual Reality, Biotech, Blockchain, Cybersecurity, Energy, Fintech, HealthTech, IoT, Robotics, Software and VehicleTech. This first-of-its-kind virtual event held on Zoom received overwhelming interest from top-level audiences with more than 950 registrants from top universities, blue-chip companies, media and 238 investors with strong interest in Swiss technology and innovation, seeking opportunities for investment, partnerships and project cooperation.
The virtual pitching competition featured 90-second pitches from each of the startups, providing them with a platform to spotlight their products and services with prospective investors, partners and industry experts. Ambassador Nicolas Bideau, Head of Presence Switzerland, and Gary Shapiro, CEO of Consumer Technology Association, which organizes CES ASIA and Las Vegas, delivered the keynote messages.
Mithras Technology, a startup that developed wearable technology turning human body heat into usable electricity, emerged as the champion among the 20 competing startups. Eyeware, STOR-H Technologies, and Swiss Terahertz were chosen by the jury as finalists. The event reached its high peak as Swiss Ambassador to China Bernardino Regazzoni virtually awarded the trophies to the selected startups. The outstanding performance of all participating startups demonstrate the strength of the Swiss innovation ecosystem and the excellence of the world-class Swiss universities.
“This was completely unexpected. We feel very proud and honored to have won the first SwissTech Pitchinar 2020. We already received lots of positive feedback from people reaching out to us, which could result in very interesting leads and this highlights the inestimable worth of such events…”, said Franco Membrini, Founder & CEO of Mithras Technology, “We would like to thank the team of swissnex China for an outstanding organisation and wish all the presented startups best of success.”
“Today, we pioneered a powerful virtual platform for Swiss startups to establish game-changing partnerships with investors, mentors, experts, potential business partners and highly-engaged audiences on a global scale: an unprecedented way to add value and build bridges”, said Dr. Felix Moesner, Science Consul and CEO of swissnex China. “We saw overwhelming interest in our DeepTech startups and wish them every success with their many follow-ups.”
SwissTech Pitchinar 2020 is organized by swissnex China in collaboration with SwissTech, CES ASIA and Venture Leaders, and in partnership with EPFL, ETH Zurich, Greater Zurich Area, Innovaud, Swisscom and Venturelab. The SwissTech Campaign partners are Presence Switzerland, Switzerland Global Enterprise, Innosuisse, digitalswitzerland and swissnex Network.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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