Answering the digitalSwitzerland challenge, blockchain innovators Proxeus, along with partners Canton Zug, the home of Switzerland’s Crypto Valley; Grunder Rechtsanwälte; IBM Switzerland; Kaiser Odermatt & Partner; Swisscom; VermögensZentrum; and Zwicky Windlin & Partner proved that the entire process for registering a Swiss startup in the commercial register can be completed in a fraction of the previous time required. This speed record-setting achievement is a Swiss – and likely world’s – first, and was done by means of combining a digital workflow and Hyperledger Blockchain with the existing IT systems of the bank and the commercial registry.
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