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CV Labs
December 1, 2023
min read
Press release

CV Summit 2022 puts blockchain utility center stage

CV Summit 2022 put blockchain utility center stage, ushered in leading global companies & called on incumbent industries to no longer hold blockchain tech on probation.


Zug, Switzerland. 19 Sept 2022. CV Summit, Switzerland’s flagship forum, showcased the productivity of the world's most mature blockchain hub, and the utility of blockchain tech while welcoming leading global entities entering the space such as Google and Visa. Over 800 in-person delegates and 70+ speakers attended Switzerland’s most significant blockchain industry event with 2300 other attendees joining online.  


Google Cloud’s Daniël Rood at CV Summit said “We come to this space humbly and to partner. We want to bring our experience from Web2 and to work together to bring users on board to Web3 which promises the democratization of ownership." 


Klaus Steinkamp from Visa told delegates “Our mission is to connect the world through the most reliable and secure payment network - enabling people, businesses, and economies to thrive. Visa intends to address the current friction when Crypto vertical engages with Fiat currency. We want to engage, please reach out.” 


CV Summit highlighted the significance of global players entering the space. “It's important to take note of the Googles and Visas entering. CV Summit saw the collaboration of different worlds, the old and the new, the traditional and the informal. These worlds are open to collaboration, learning from each other, and together contributing to the fantastic story that is blockchain technology. Mathias Ruch, Co-Founder and CEO of CV VC. 


Continuing, Mathias Ruch, said, “How would the world be without the invention of the light bulb? Dark. How might the world be without blockchain and the other underpinning techs of the incoming iteration of the internet, Web3? Stark. To ensure a brighter future amid geopolitical turmoil, and raging inflationary effects, we felt it important to bring the utility agenda to the forefront via CV Summit. The space is maturing and professionalizing. I call incumbent industries to no longer hold blockchain tech on probation but to embrace it so as not to miss out and be on the losing side.  


CV Summit highlighted that Crypto Valley is unquestionably the most mature blockchain hub,  offering the global blockchain ecosystem the right people to have many answers to questions, regulatory clarity, and a concentration of founders and builders that want to contribute to a safe and transparent environment and build the next generation of commerce.


International speakers supported this position, such as Michael Holdmann, CEO of PraSaga who said: “We are here due to the guidance Switzerland gives.”


Brian Gallagher Co-Founder of Partisia Blockchain added  ‘If you’re building in social media, either you’re in Silicon Valley or you are dead AND the same goes with crypto - If you’re building something in crypto, either you're in Crypto Valley or you’re dead!


CV Summit is distinct 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 its blockchain and Web3 industry which is globally recognized for its precision, financial acumen, regulatory certainty, compliance expertise, unicorns, and unique mindset. This mindset results in Switzerland's constant ranking as a top country within which blockchain businesses flourish. 


The edition of CV Summit shone the global spotlight on Switzerland’s illuminating productivity in blockchain and the incoming iteration of the internet, Web3.  Swiss pioneers with an international reach were also gathered at CV Summit. Those such as 21Shares which recently joined Switzerland’s unicorn herd, fresh from a new $25m funding round. Crypto banks SEBA and Sygnum, Swissquote the Swiss leader in online banking, Bitcoin Suisse, and SDX the Swiss Digital Exchange. Together, they explored perspectives and actions with over 3000 delegates. Also in attendance were those who are building security and compliance infrastructures to bridge the traditional finance 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. Tech builders PraSaga, Cartesi, Partisia Blockchain, and QPQ delivered inspiration, whilst motivation was roused by the Casper Association and Web3 Foundations. Those innovating in trading such as Portofino met with exchanges including Coinbase and LCX.

Commenting on the utility proposition of CV Summit ‘22, Tracy Trachsler, MD of CV Labs saidOur role at CV Labs is to enable the incubation of great minds, to expose innovation, and to allow it to flourish for the enablement of a better future. One of the many great strengths we have in Switzerland is our attentive approach to technological innovation which delivers utility. Blockchain is a ‘lightbulb moment’ not just for Switzerland but for the world. This is why we host CV Summits, research and publish reports, and are building a global ecosystem with our partners, to shine the light on blockchain technology as it builds a more equitable future for all. To highlight the utility of blockchain we hosted a startup zone at this year's Summit and many of those whom we incubated and in which our VC pillar CV VC has invested were in attendance at either the Start Up Zone or the earlier Friends & Family Day event.”

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