The set-up of a new comprehensive, interoperable and reliable DLT-ecosystem based on Swiss quality standards requires cooperation across companies, organizations and experts as well as interactions with politicians and regulators. This is why MME and Swisscom have gathered industry leaders and experts from the academia to achieve coherence between the technical and the legal sphere and to jointly foster ongoing DLT initiatives. With the objective to develop these foundations in a protocol-, product- and manufacturer-neutral manner, the collaborators have produced four explanatory videos and are currently working on an initial whitepaper outlining the technical and legal framework to establish a secure, interoperable and reliable digital infrastructure. The whitepaper takes into consideration the recent amendments to Swiss federal laws in the field of distributed electronic ledgers and is expected to be published within only a few weeks from now. The standardisation work is thematically split into four areas – the 4 Trusts –, each of which deals with one of the central pillars of a secure DLT infrastructure:
- 4T-DLT: Four elements of Trust
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Learn more - T1 – Trust element of information configuration:
How may the authenticity, integrity, confidentiality and availability of information associated with digital assets be ensured? By loading the video, you agree to YouTube's privacy policy.
Learn more - T2 – Trust element of consensus:
What are the requirements for DLT protocols to allow for a seamless execution of transactions? By loading the video, you agree to YouTube's privacy policy.
Learn more - T3 – Trust element of custody:
How may both companies and private individuals (themselves) be enabled to store digital assets in a reliable and easy manner? By loading the video, you agree to YouTube's privacy policy.
Learn more - T4 – Trust element of the transaction:
How may the liability (value deposit), allocation and transfer of digital assets be ensured in an efficient, legally secure and simple manner? By loading the video, you agree to YouTube's privacy policy.
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With a functioning DLT infrastructure, the full potential of DLT technology may be exploited. The initial focus of this initiative was on digital assets, but all digital information, value and rights can be stored autonomously and transferred easily, efficiently and legally validly between the participants of a DLT ecosystem. Switzerland could thus position itself as the world’s leading location for standard setting applications based on DLT technology.
The Shapers
- Dr. Luka Müller
- Johs Höhener
- Prof. Dr. Harald Baertschi
- Dr. Sebastian Bürgel
- Dr. Yannick Hausmann
- Dr. Jacques Iffland
- Patrick Oltramare
- Fedor Poskriakov
- Dr. Mattia Rattaggi
- Patrick Salm
- Dr. Adrien Treccani
- Gino Wirthensohn
The Contributors
- Aurelia Nick
- Dominic Vincenz
- David Meirich
- Guillaume Gabus
- Rolf W. Guenter
- Nathan Kaiser
- Travin Keith
- Dr. Bruno Pasquier
- Gian Pfister
- Orkan Sahin
- Marc Stammbach
- Michael Svoboda