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On 8th of April 2018, the partners presented their challange at the Digital Switzerland Pitch and Demo Day.

Answering the challenge issued by digitalSwitzerland, Canton Zug, the home of Switzerland’s Crypto Valley; Grunder Rechtsanwälte; Swisscom; IBM; Kaiser Odermatt & Partner; VermögensZentrum; and Zwicky Windlin & Partner proved that the entire process for registering a Swiss startup in the commercial register can be completed in less than 3 hours. This speed record-setting achievement is a Swiss – and likely world’s – first, and was done by means of combining a digital workflow and Hyperledger Blockchain with the existing IT systems of the bank and the commercial registry.