Author: Editorial Office CVJ.CH

Tokenization describes the representation of an asset on the blockchain and has the potential to revolutionize the real economy.

Tokenomics is the name given to the set of economic rules that define the monetary policy of a cryptocurrency; inflation rate, token allocations, etc.

A sidechain is a Layer 2 blockchain solutions that is connected to a main network (mainchain) via a reciprocal link.

Stablecoins are cryptocurrencies that are backed by collateral and therefore have less volatile properties.

Ripple developed the blockchain-based XRPL digital payment protocol and XRP cryptocurrency to revolutionize cross-border transactions for financial institutions, with a particular focus on efficient money transfers and a landmark case with the SEC.

Know your customer is a legitimacy check of certain new customers for the prevention of money laundering, which is especially prescribed for credit institutions, insurance companies or crypto exchanges.

The Lightning Network is an “off-chain” or “second layer” scaling solution for cryptocurrencies.

In blockchain technology, mining is the process by which new transactions are verified and added to the blockchain.

MetaMask is a digital wallet provider that launched in 2016 with over 30 million active users for storing and transferring ERC-20 tokens.

A public key can be openly shared and encrypts and verifies cryptocurrency transactions, ensuring authorisation of the rightful owner.

A private key is a complex form of cryptography that allows a user to execute transactions making it an integral part of the blockchain.

A deceptive financial strategy that promises quick and substantial profits, falsely attributing returns to legitimate business activities.

A paper wallet contains both public and private keys, enabling access and transactions for stored cryptocurrencies.

Crypto Valley and the entire Swiss Blockchain scene is facing an existential threat due to the restrictions caused by the Corona pandemic. The Swiss Blockchain Federation recently conducted a broad survey among companies in the Valley. Startups from Crypto Valley are particularly hard hit Due to the uncertainties of the Corona crisis, numerous industry players have already contacted the umbrella organisation and asked for urgent support. Crypto Valley, which today stretches far beyond the canton of Zug, had established itself in recent years as a global showcase cluster in the field of blockchain technology. Survey of 203 companies The Swiss…

In order to improve the traceability of its own coffee brand “Zoégas”, Nestlé is expanding the use of the IBM’s Food Trust blockchain and is entering into a cooperation with the Rainforest Alliance. Zoega’s coffee packaging is labelled with QR codes According to the company, the IBM Food Trust blockchain will provide consumers with more detailed information about the logistics processes. As part of this, Zoégas coffee packaging sold in Sweden will be labelled with QR codes. These can provide customers with various types of information, such as the distance the coffee beans have travelled from harvest to the supermarket…

Central bank policy and monetary system The trend displayed below is one of an expansive monetary policy (which was originally intended to rescue the traditional banking system). Despite being intended only to rescue the traditional banking system, this policy is now further being continued in the hopes of achieving the vision of eternal growth without recessionary periods.  Low interest rates and the continuous printing of new money to buy bonds and shares on the market is fast becoming a normality for central banks. Effectively, the aim is to provide the world with cheap capital. Under the term “Quantitative Easing,” an…