We received decisive support when establishing our blockchain fintech in Western Switzerland. The cantonal authorities helped us with banking matters, an incubator provided us with office space, and we met a thriving tech and blockchain scene in the region. In addition, the region is home to a number of private banks and asset managers, which is an important point for us.

Switzerland has developed into the world’s leading location for the development of blockchain technology. The regulation of digital assets and DLT in Switzerland is a model of pragmatism and flexibility that allows for the growth of blockchain companies. Western Switzerland’s outstanding blockchain ecosystem also includes key industrial partners, active authorities and leading R&D communities such as CERN and EPFL.

The idea behind blockchain is to transfer information in a way that guarantees trust, transparency, integrity and traceability. At Cysec Systems, we have decided to develop our solutions in Switzerland, the country that best embodies these important values. Here we have found a strong human capital: the engineers and cryptographers from EPFL, HEPIA and HEIG-VD are incredibly qualified. We also benefit from powerful innovation support programs, such as Innosuisse, Innovaud and the EPFL Innovation Park.

Western Switzerland in general and Neuchatel in particular were able to understand very early on the challenges and opportunities of the blockchain technology. This allowed the development of expertise at the legal, tax, economic, banking and technical levels. Entrepreneurs put the odds on their side by choosing Western Switzerland to achieve their objectives.

Both the Swiss government and the financial market supervisory authority (FINMA) are welcoming fintech and blockchain businesses. The current legal framework in Switzerland allows the self-issuance of tokens by companies, including in the form of security tokens. This is a great opportunity for innovative companies based in Switzerland to gain access to capital markets.

Switzerland presents many advantages for blockchain companies. It is home to a growing blockchain ecosystem and has an excellent reputation and a powerful financial services industry. It is a leading jurisdiction for ICOs and one of the best-ranked countries in terms of funding raised by ICOs. Last but definitely not least, it will be at the forefront of the secondary market in security token thanks to institutions like SIX Digital Exchange.

Western Switzerland gathers a rare mix of ingredients required for a blockchain banking fintech like Mt Pelerin to thrive. It is of course one of the world’s major banking hub, and it is extremely valuable for us to be at the heart of such a diverse and stimulating financial environment. Local authorities are also very proactive in supporting the blockchain ecosystem with constructive and intelligent measures, and as a result we have a booming community that is unique in the world.

Blockchain was originally designed to compete with established banking models, by offering a distributed, peer-to-peer payment currency. Recent years have demonstrated that it has the potential to dramatically increase transparency, trust, and cost-effectiveness in the financial sector as well. We founded Metaco in Switzerland to be in one of the most active, innovative and trusted financial centers in the world. The quality of life and our exceptional education system allow us to work with highly talented and passionate engineers, while benefiting from the continuous support and advisory of Swiss innovation programs.