CV Summit 2022 urged established industries to no longer have blockchain technology on probation
CV Summit, Switzerland’s flagship forum, showcased the productivity of the world’s most mature blockchain hub and the utility of blockchain technology while welcoming leading global entities into the space, such as Google and Visa. Over 800 in-person delegates and 70 speakers attended Switzerland’s most significant blockchain industry event, with 2,300 other attendees joining online.
Google Cloud’s Daniël Rood at the CV Summit said: “We come to this place humbly and to collaborate. We want to bring our experience from Web2 and to work together to bring users on board for Web3, which promises democratization of ownership.”
Klaus Steinkamp of Visa told delegates: “Our mission is to connect the world through the most trusted and secure payment network – enabling people, businesses and economies to thrive. Visa intends to address the current friction as the crypto vertical engages with fiat currency. We would like to get involved, please get in touch.”
The CV Summit highlighted the importance of global players entering the space. “It is important to note the entry of Google and Visa. The CV Summit saw the collaboration between different worlds – the old and the new, the traditional and the informal. These worlds are open to collaboration, learn from each other and contribute together to the amazing story that is blockchain technology, says Mathias Ruch, co-founder and CEO of CV VC.
Ruch continued, “What would the world be without the invention of the light bulb? Dark. How can the world be without blockchain and the other underlying technologies of the incoming Web3 iteration of the internet? Stark. To ensure a brighter future amid geopolitical turmoil and raging inflationary effects , we felt it was important to bring the utility agenda to the fore via CV Summit. The space is maturing and professionalizing. I encourage established industries to no longer have blockchain technology on trial, but to embrace it so as not to miss out and be on the losing side. »
CV Summit highlighted that Crypto Valley is undoubtedly the most mature blockchain hub, offering the global blockchain ecosystem the right people to provide answers to questions, regulatory clarity and a concentration of founders and developers who want to contribute to a safe and transparent environment and build the next generation of commerce.
International speakers supported this position, such as PraSaga CEO Michael Holdmann, who said: “We are here because of the guidance Switzerland provides.”
CV Summit stands out in the global blockchain conference circuit as it is less about speculation and more about utility. It is no surprise that Swiss productivity extends to the blockchain and Web3 industries, which are globally recognized for their precision, financial acumen, regulatory certainty, compliance expertise, unicorns and unique mindsets. This mindset results in Switzerland being consistently ranked as a top country where blockchain businesses are flourishing.
The eighth edition of the CV Summit cast a global spotlight on Switzerland’s shining productivity in blockchain and the incoming iteration of the internet, Web3. Swiss pioneers with an international reach were also gathered at the CV Summit. 21Shares, which recently joined Switzerland’s unicorn flock, fresh from a new funding round of $25 million, along with crypto banks SEBA and Sygnum, online banking leader Swissquote, Bitcoin Suisse and Swiss digital exchange SDX together explored perspectives and actions with over 3,000 delegates. Also present were those who built security and compliance infrastructures to bridge the traditional financial world, such as Lukka and CertiK. Circle, the world’s largest stablecoin issuer, came to examine CBDCs with regulatory experts and the Bank of International Settlements. Technology builders PraSaga, Cartesi, Partisia Blockchain and QPQ provided inspiration, while motivation was sparked by Casper Association and Web3 Foundations. Trading innovators like Portofino met the exchanges Coinbase, LCX and others.
Commenting on the CV Summit 2022 benefit proposal, CV Labs CEO Tracy Trachsler said, “Our role at CV Labs is to enable the incubation of great minds, to uncover innovation and allow it to flourish to enable a better future. One of the many great strengths we have in Switzerland is our attentive approach to technological innovation, which brings benefits. Blockchain is a “lightbulb moment” not only for Switzerland, but for the whole world. This is why we host CV Summits, researches and publishes reports, and builds a global ecosystem with our partners to shine a light on blockchain technology as it builds a fairer future for all.To highlight the benefits of blockchain, we hosted a startup zone at this year’s summit, and many of those that we incubated and that our VC pillar CV VC has invested in either attended the startup zone or the previous Friends and Family Day event.”
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