Switzerland hosts Blockchain summit

Zurich, Switzerland hosted the conference organized by the start-up Network InnMind and Blockchain company KICKICO, with whom IBM partnered.

The keynote speakers are Prince Michael of Liechtenstein, Zug government member Matthias Michel and Russia Sergey Glazyev was an adviser to President Vladimir Putin. Prince Michael, founder and head of the Geopolitical Intelligence Agency (CBS), said that blockchain is an ideal tool to protect and support well-being.. Liechtenstein emphasized that the financial sector, with all its components, focuses entirely on the protection of assets. Thus, he stated that Blockchain is of great value given its ability to record data in a transparent and immutable way.

Switzerland hosted the conference

Prince Liechtenstein’s, Switzerland’s revealed that it is ready to create a cryptocurrency similar to what it has in Zug. He said the country’s regulators specifically created a so-called regulatory lab for cryptocurrencies with the goal of ensuring the right balance of regulation. Prince Michael added that he does not support over-regulation in financial markets.

In February, we reported that Crown Prince Alois in Liechtenstein wanted to use blockchain and cryptocurrency to restore his family’s wealth.. As a footnote, the Liechtenstein royal family is the richest family in Europe.

Kayarat Kelimbetov, the governor of Kazakhstan’s Astana International Financial Center, said that Blockchain is an inevitable trend. He explained that Kazakhstan wants to follow countries such as Switzerland and Australia to promote new technologies, and has created a Blockchain center focused on the Commonwealth of Independent States (CIS).

Putin’s economic adviser, Sergey Glazyev, via video call He said that blocking is an effective tool in the fight against corruption and fraud. Also referring to digital currency, he explained that Russia could combine the traditional currency form with a type of digital currency.

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