Top Blockchain Startups in Switzerland
Switzerland has become one of the global hubs for blockchain technology. With towns like Zug and Chiasso being home to several blockchain-based startups, here’s a closer look at five well-known startups in Switzerland.
Founded by Dominic Williams in 2015, DFINITY is a blockchain-based, decentralized, self-governing network that enables users to host and manage business applications. It uses an adaptive network called the Blockchain Nervous System (BNS). Payment for computation and storage will be made possible through utility tokens. DFINITY also plans to develop an open, decentralized blockchain-based cloud similar to Google Cloud for enterprise IT systems. This cloud computing project will become known as the Cloud 3.0 and will cut the costs of running cloud-based business applications by about 90 percent.
Founded in 2015, the Zug-based startup Proxeus (XES) has developed a visual programming technology that allows users to create blockchain applications by inputting information and building workflows without the need to learn a new programming language. With offices in Liechtenstein, Zurich, Lisbon, and Singapore, Proxeus aims to be the “WordPress for the blockchain”, making it easy for organizations of all sizes to run their businesses efficiently. This platform can also be integrated with a number of third-party applications.
Founded in 2017, Ambrosus (AMB) is a blockchain-based ecosystem for food and medicine supply chains. It aims to radically improve the global supply chains by creating a trusted ecosystem and allows consumers to easily see where their products come from and what is really in them. It is also the world’s first publicly verifiable and community-driven ecosystem that combines high-tech sensors, blockchain protocols, and smart contracts.
Founded in 2017, Aragon (ANT) is a project that aims to disintermediate the creation and maintenance of organizational structures through the use of blockchain technology. This particular blockchain technology also provides the user the tools to take control of his/her life, become an entrepreneur, and securely manage their organization. Aragon tokens can be used for granting permissions, fundraising, voting, accounting, and payments. Internet access is the only requirement for this blockchain technology.
PikcioChain (PKC) is a blockchain-based exchange that brings individuals and organizations together to buy, sell, and exchange data with confidence. Founded in 2017, this blockchain-based exchange is headquartered in Lausanne, with offices in Paris, Brussels, and Boston. PikcioChain also lets users choose how they share their data and with whom, while providing them with the opportunity to be paid for its usage.