Joint 12-point program: Industry associations warn of loss of advantage of the Swiss blockchain industry

Joint 12-point program: Industry associations warn of loss of advantage of the Swiss blockchain industry
Warning of the Swiss industry associations: Derocation of advancement in the blockchain sector
In a common 12-point program, the three industry associations Swiss Blockchain Federation, Crypto Valley Association and Bitcoin Association Switzerland have urged to warn Switzerland in the field of blockchain technology.
The associations emphasize the need for fast measures to ensure Switzerland's competitiveness. The blockchain sector has shown considerable potential in recent years, but there are increasing concerns that regulatory hurdles and a lack of political engagement could endanger the progress of the industry.
The comprehensive analysis of the associations illuminates the challenges that blockchain developers and companies face. Among other things, the common program calls for a clear legal regulation that promotes innovations instead of slowing them down.
meaning of blockchain technology
blockchain technology is not just a trend, but also offers numerous applications in various industries, including finance, health and logistics. So far, Switzerland has established itself as a progressive location for blockchain companies. To assert this position, however, suitable framework conditions and political support must be guaranteed.
FAZIT
The warning of the Swiss Blockchain Federation, Crypto Valley Association and Bitcoin Association Switzerland is an urgent appeal for politics and business to correct the course for the future of blockchain technology in Switzerland. The preservation and promotion of the innovation advantage are crucial to secure Switzerland as a leading location in this dynamic and promising sector.