Chain Security creates a subsidiary in Switzerland

January 10, 2020 by Clementine

Based in Zurich since 2017, Chain Security, the start-up Blockchain created by the spin-off of ETH Zurich, the research laboratory that focuses on the security of the Blockchain, wants to make the happiness of the swiss, by extending its field of activity to the country, and this, thanks to a partnership with PwC Switzerland.

Set goal : to serve the whole of Europe

According to the announcement made by the team Chain Security, the Swiss will benefit soon of services of technical audit for the intelligent contracts that supply Chain Security.
Commenting on this brilliant advancement, Andreas Eschbach, the partner and leader of the insurance risk for PwC, argued that associate with PwC would probably Chain Security to expand its operations to other places, namely Europe.

“In the context of PwC Switzerland, the team of Chain Security would focus on the acceleration of audits of Blockchain PwC Switzerland, including technical audits of intelligent contracts and platforms Blockchain and services risk insurance for customers holding investments in crypto-currencies “, he said.

A partnership based on the principle win-win

Switzerland, for its part, hopes that the location of the firm, on its territory, will support the massive effort to claim pole position in the field of fintech and the DLT (Distributed Ledger Technology).
In effect, Chain Security is rich in experiences she could certainly share with its employees. According to the press release from PwC, the company has already worked with over 75 corporations and financial institutions working in the Blockchain.
Recall that in the month of November last year, the swiss federal Council had published a report describing the legal framework of the Blockchain, as well as the DLT in the financial sector.
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Passionate about the universe geek, Clementine finds the news more interesting and involved in their drafting.

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