(ats) In a very short time, Switzerland has established itself as one of the leading countries in blockchain technology. It has one of the most progressive and clearest regulations, explains Schneider-Ammann. And in an international comparison, Swiss jurisdiction is one step ahead of other countries.
More and more companies are discovering the advantages of this technology and are using it, for example, to develop supply chains or as a digital repository for real values, the former federal advisor continues.
However, Switzerland should not rest on its laurels, warns the liberal radical from Bern. « Thirty years ago the World Wide Web was developed in Cern near Geneva. However, the triumphant advance of the Internet did not take place in Switzerland or Europe, but in Silicon Valley in the USA, » he recalls.
The population and the economy have to recognize that the Crypto Valley represents enormous potential for the Swiss economy. Investments are therefore necessary so that Switzerland really becomes a crypto nation, he emphasizes, that the political world has laid the foundations for this.
Johann Schneider-Ammann has been a member of the Board of Directors of Crypto Valley Venture Capital, an investment company that supports start-ups in the blockchain sector, since last year.