Government of Bangladesh partners with Lykke
Zug – Bangladesh has turned to Zug’s Crypto Valley for financial insights. The country plans to work with the Zug-based company Lykke to develop a system based on blockchain technology for public services.
Trump is coming to Davos
Washington/Davos – Donald Trump will take part in this year’s World Economic Forum, which begins on 23 January in Davos, where he will explain his America First agenda. He’s the second sitting American president after Bill Clinton to attend the WEF.
Zurich method helps choose correct cancer treatment
Zurich – A new method from the University of Zurich makes it possible to predict whether cancer patients will respond positively to immunotherapy, making it possible to treat patients for whom the therapy will not work with a different method at an earlier stage.
RosieReality wins over investors
Zurich – RosieReality developed a virtual robot for iPhones that makes augmented reality accessible to children. The Zurich-based startup has now raised $700,000 from investors.
Korean Re to open branch in Zurich
Zurich – The reinsurer Korean Re intends to open a branch in Switzerland in a bid to expand its presence in Europe, according to a media report.
ETH again reports record number of spin-offs
Zurich – 25 spin-offs were founded at the Federal Institute of Technology (ETH) in Zurich in 2017, the same as 2016’s record level. Many of the spin-offs come from the ICT area.
Singularity Net raises $36mn in one minute
Zurich – Singularity Net raised $36 million in just 66 seconds with its Initial Coin Offering. The crypto firm is developing a marketplace for artificial intelligence.
Number of new companies reaches record high
Schlieren ZH – More companies were founded in Switzerland in 2017 than ever before. The largest growth was registered in the canton of Zug, but in terms of numbers, most companies launched in the canton of Zurich.
Switzerland looks to expand leading blockchain position
Bern – Switzerland is seen as the world’s leading location when it comes to blockchain, says Mathias Ruch from the investor group Lakeside Partners. Federal councillors Johann Schneider-Ammann and Ueli Maurer have now launched a taskforce to develop liberal regulation.
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