As CEO of Lition, Richard Lohwasser hopes to create the standard public-private blockchain solution for business. Most importantly, Lition will be scalable, be one of the first projects to have deletable data features and be tailored to commercial users. As a former McKinsey consultant and entrepreneur he hopes to create a blockchain which will have the potential for mass adoption. The interview was conducted by the CryptoTwins from ValueTokenized.

What the Lition Team Wants to Achieve

According to Lohwasser the Lition team is really excited about its objective of bringing blockchains to the mass market. …

In a recent interview with one of the industry’s bigwigs, Florian Ducommun, he aired his views on a range of issues relating to tokenization. The interview revolved around the areas highlighted below:

• What makes Switzerland an attractive jurisdiction for STOs
• A comparison of regulations that apply to utility and security tokens in Switzerland
• The challenges of opening a bank account for a blockchain-related company in Switzerland
• The overall appetite for tokenized assets in the Swiss market, and much more.

But before we delve any deeper, who exactly is Florian Ducommun?

Florian’s background

Florian Ducommun is an attorney-at-law based in Switzerland, in Lausanne. He is a founding member of the law firm HTC, a technology-based law firm, and also the CEO of the Legal Factory, a consulting and legal tech company based in Switzerland. …

Dave Hendricks recently spoke with the CryptoTwins in a ValueTokenized interview.

CEO and co-founder of Vertalo, Dave has over 20 years of experience in marketing management and corporate governance and has raised over $80 million for the firms he’s been involved with. Vertalo is a cap table solutions company focused on SEC compliant security token issuance and helping broker dealers to reduce their costs by eliminating spreadsheets and multi-sig wallets.

How to meet other people in the STO space

Dave believes that security tokens offerings are a team sport and thinks that if you’re a security token infrastructure company, like Vertalo, you need to work with other companies doing the same thing. The only place where you can really meet people from these companies, enough people at the same time at least, is at the conferences. …

It’s 6:10 pm and you just finished your job. As you walk by the long hall of pictures covered with serious faces you finally get to the ground level. After getting dressed in your long coat, you notice a group of girls on the street, waving at you and openly asking for your attention.

You walk closer and you hear the garbled fragments of words like “help”, “donation” and “raise awareness”. …

When you think Nevada you picture tumbleweed, high heat, cowboy welcome sign and endless desert expanses covering the whole state south to north, and east to west. When you wonder about life there, you get news like “Dead brothel owner wins Nevada state assembly seat” or “Nevada County Police Blotter: Man locked in women’s room for three hours”.

It’s unusual, it’s intriguing, but it’s also the last place you think of when it comes to a possible homeland of a rising technological empire.

But this doesn’t scare the former lawyer and recently-made cryptocurrency millionaire, Jeffrey Berns. According to tabloids, he recently purchased a huge chunk of Nevada’s desert land this year. $170 million dollars cash went into his newest venture — creating a real-life technological Utopia on the vast lands of the Nevada deserts. The other $130 million are estimated to be spent on infrastructure, planning, accommodation and around 70 first employees of the company, but no sum is too big when it comes to turning your dreams of the imaginary empire into a tangible country. …

With so many abbreviations like OTC, RSI, ICO, and others saturating our financial cryptocurrency vocabulary, it’s hard to keep track of who is who and what is what.

To get to the core of what STOs are and what their future holds, let’s start with its forerunners.

When you start a company you have various options for acquiring funding — getting a loan, a venture capital or asking for love money just to name a few. These options allow you to keep assets and your company’s governance private. …

Despite the growing adoption of blockchain and cryptocurrencies by traditional verticals, such as banking, healthcare, and the governmental sector, the global community is still concerned with the risks associated with crypto. The general perception of the crypto space as a haven for scam, money laundering and fraudulent transactions deeply affects market growth and holds back the industry development.

For instance, Canada’s Better Business Bureau reports that ICO scams resulted in over $1.7 million CAD of losses in 2017. However, the Bureau admits this figure may be highly inaccurate. …

Airdrops are free distributions of cryptocurrency utility tokens offered by companies to provide access to their service to current or potential clients. As the blockchain network grows, so does the number of floating cryptocurrencies in the market. Hence, if an organization launches its own cryptocurrency, it might ‘airdrop’ some to attract more customers to their newly introduced digital coin.

In technical terms, an airdrop can be explained as assigning private keys of a certain cryptocurrency to pre-existing users so that they can start using it in a virtual currency network. …