Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South ...
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, CVVC will fund the best blockchain start-ups “in South Africa, Nigeria, Kenya, Rwanda, Congo and other countries.” The report adds that the initial five successful applicants will....
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Indian Bitcoin mining pool, GBMiners has announced the launch of the country's first Blockchain incubator -- Satoshi Studios. The Indian cryptocurrency and fintech ecosystem has garnered a lot of interest since the “Demonetization” drive was set in motion. The increased demand for Bitcoin in the country is now complemented by the launch of a Blockchain incubator. According to reports on Indian news media, the Indian Bitcoin company, GBMiners has laid the foundation for South Asia’s first Blockchain incubator, Satoshi Studios. GBMiners is the first Indian Bitcoin mining pool which....
The Cape Innovative and Technology Initiative (CiTi) has announced the launch of South Africa's very first Bitcoin incubator, the BitHub. The non-profit innovation group, known for its impeccable contribution in accelerating technology startups in South Africa, believed that it was time for inspiring innovators - coders, entrepreneurs, investors, etc. - to collaborate and build futuristic Bitcoin applications. According to Ian Merrington, the CEO of CiTi, they always wanted to create a private physical space - an incubator - to foster ideas that are particularly pitched to improve upon the....
South Africa's central bank, its central securities depository (CSD) and several of its largest banks came together yesterday to chart a course toward large-scale blockchain implementation. Held in Johannesburg, South Africa, the meeting saw members of the blockchain working group elect a chairman, secretariat and set strategic objectives for the year ahead. Collectively, the participants in the working group comprise nearly every participant necessary to build and implement real blockchain products. Yet, even more remarkable is the outlook of some of the participants. Monica Singer, CEO....
Ticino, a federal state in southern tip of Switzerland could soon see its very own local digital currency called ‘Ticinocoin’, if the two computer scientists behind the cryptocurrency had their way. Sharing a border with Italy as its neighbor, the canton (federal state) of Ticino is a predominantly Italian-speaking region in the south of Switzerland. The goal is to value a single unit of TicinoCoin (TIC) to the equivalent of one Swiss franc, according to the Tribune deGeneve. Deployment or issuance of TICs would require approval by FINMA, Switzerland’s financial regulator that isn’t averse....
The Swiss-licensed firm has launched a tokenization service and a trading platform, offering, it says, real-time settlement.