Here is a short report from the 2. International Digital Finance Crypto Tech Conference in Zug.
It was an interesting conference with around 85 attendance from Switzerland, Germany, USA, England, France, etc. primarily talking about regulatory challenges in the Swiss market. As of today, Swiss still requires a banking license to operate a Swiss based Bitcoin exchange. This makes it extremely difficult for any Swiss based Crypto startup to get off the ground. However the greater area of Zurich and Zug develops a Crypto Currency cluster with many leading blockchain companies.
Since this conference was hyped by the presence of Ethereums Chief Legal Officer i was surprised about here bad performance as a speaker. She was the key speaker for compliance issues, however she did not even talk about the real challenges for Ethereum. I saw 3 other pitches from Ethereum based startups that were heavily under performing... Funny enough, nobody bothered to explain the technology underneath. Anybody new to Crypto was totally lost with Eth presentations....
That needed to be changed. So i gave a speech about BitShares 2.0 and showed real use cases scenarios where companies and Startups could profit from the Graphene Blockchain. I was talking about DEX, >10.000 transactions per block, Decentralized DB, and UIA systems. Surprisingly most people thought
"this is to good to be true", "all Bitcoin problems seemed to be solved"
Well. I think so too. It is time to step up again and to acknowledge what we have. After the speech i talked to the Singapore based company
www.dgx.io who was very unhappy with colour coins, had rooky experience with eth and are now interested to look into BitShares. Nice!
I also talked to the founder of securosys , a swiss based hardware security system, that is looking for new cold storage technologies. He is providing high quality infrastructure for bank servers today and would love to create new cold storage USB´s to safe our funds. Anybody interested to build BTS cold storage devises?
For all new startups around south Germany and Switzerland i recommend to reach out to the SIX Fintech incubator. I talked to their associate director and they are constantly seeking for new innovative Fintech companies. Anything where they can extant their influence on the Swiss market. And they are the Swiss market leader in POS - Systems already
It was also great to catch up with Erik from Shapeshift.io . He is now sitting in Switzerland and increasing his business.
Overall it was a good conference and i encourage everyone to spread the word about BitShares, recruit new companies and to bring us out of our niche. We do not want to leave the whole field for some wacky Ethereum startups. Let us start building real business based on Graphene.