Karma progress in Crypto Valley

Karma Project
KarmaRed
Published in
4 min readMar 3, 2018

Today we started the new chapter in our activity with first meeting with Crypto Valley Association (CVA).
We share all the values of Association and going to build the world’s leading ecosystem for blockchain and cryptographic technologies together.

We specified mutual tasks for nearest period:

  1. We are going to expand the networking opportunities for each other. Also Crypto Valley representatives are going to come to Moscow to visit us and to meet with several government associations.
  2. Create legal frameworks together. Karma team will take part in Working group about new ICO guidelines with FINMA (Swiss Financial Market Supervisory Authority) on 10th of April, in Lugano
  3. Focus on opportunities of trans-border capital movement
  4. CVA will organize PR-activities for Karma in Switzerland
Johann Gevers

Crypto Valley was initiated by Johann Gevers after identifying Switzerland with its decentralized, citizen-controlled political system, its centuries-old culture of individual rights, innovation, and entrepreneurship, its neutrality, stability, and business-friendly environment, and its world-class infrastructure and educational institutions as the ideal environment for building the new generation of decentralized technologies. Gevers moved his cryptofinance startup Monetas to Zug, Switzerland in July 2013, defined the vision for Crypto Valley as a global hub for crypto technologies modeled on the success of Silicon Valley, and started building the Crypto Valley ecosystem in Zug, Switzerland by developing supportive relationships with the authorities, attracting leading crypto startups, helping them setup their operations, developing an ecosystem of expert professional service providers, driving the development of a friendly regulatory environment, and promoting Crypto Valley in the industry and the media.

Zug, Switzerland view

Through the broad support of numerous individuals, startups, corporates, service providers, industry associations, educational institutions, governments, and regulators — especially the early pioneers Monetas, Ethereum, Bitcoin Suisse, MME Legal, the Digital Finance Compliance Association, the Bitcoin Association of Switzerland, Lucerne University of Applied Sciences and Arts, the canton and city of Zug, the Greater Zürich Area, Switzerland Global Enterprise, the Swiss Financial Market Supervisory Authority (FINMA), and the Swiss Federal Government Crypto Valley has grown into one of the world’s leading ecosystems for crypto, blockchain, and distributed ledger technologies, with dozens of companies in this space now calling Crypto Valley home and thriving in its vibrant community.

In January 2017 the Crypto Valley Association was established as a professional organization to coordinate, accelerate, and scale the further development of Crypto Valley into the world’s best ecosystem for crypto technologies and businesses. The founding members included Bitcoin Suisse, Bussmann Advisory, iprotus, Lucerne University of Applied Sciences and Arts, Luxoft, Monetas, and Thomson Reuters.

Oliver Bussmann

The president of CVA is Oliver Bussmann — a globally recognized technology thought leader and driver of large-scale transformation at multinational organizations. The Founder and Managing Partner of Bussmann Advisory, he advises enterprises, top-tier consultancies, and financial services companies looking to stay ahead of the digital disruption curve. From 2013 to 2016 Oliver was Group Chief Information Officer of UBS. Prior to joining UBS Oliver was Global Chief Information Officer at SAP, and before that CIO for North America & Mexico at Allianz. Previous roles have included executive positions at Deutsche Bank and IBM. Oliver has been named COO/CTO of the year by Financial News/The Wall Street Journal, European CIO of the Year by INSEAD/CIONET, has received the Elite 8 Award, which is given to the most innovative leaders in technology working in capital markets by Wall Street & Technology Magazine, and has more than once been included on the Financial News “Fintech 40” list of innovators shaping the future of finance.

Cheers
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