Blockchain conference in Switzerland welcomed Gibraltar Finance

BLOCKCHAIN conference in Switzerland welcomed Gibraltar Finance who gave the keynote address at the Blockchain in Financial Services Conference 2021 in Zurich on Tuesday 19 October 19.

The conference was organized by Finanz und Wirtschaft and Gibraltar Finance was represented by Michael Ashton, Senior Executive who gave the keynote address.

The conference was held at the Gottlieb Duttweiler Institut overlooking Lake Zurich and attended by around 200 financial services and crypto professionals.

A blockchain is actually a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain and effectively gives significant financial protection and history.

Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. The decentralised database managed by multiple participants is known as Distributed Ledger Technology (DLT).

This was an opportunity to share with a Swiss audience Gibraltar’s progress over the last four years following the introduction of its purpose-built regulatory framework for DLT and the benefit of maintaining their strategy of a high barrier to entry so that DLT regulated firms in Gibraltar share the Government’s philosophy of world class regulation and placing customers’ interests first.

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system.

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