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Swiss Post, the Swiss postal service, together with Swisscom, the government-owned telecommunications service provider, are launching a "100% Swiss infrastructure" for companies and government offices to set up their blockchain applications.
In a press release, Swiss Post and Swisscom stated that they would use the infrastructure for their blockchain services, but "will allow the Swiss economy to quickly gain a leading position when it comes to using this promising technology. ".
The blockchain used is based on the Hyperledger Fabric software, with the pilot application planned for the second quarter of 2019, "oriented to companies and public authorities, who want to manage sensitive digital business processes in a safe and verifiable way", reads in the declaration.
Although other blockchains are already used in the country, the difference, according to Swiss Post and Swisscom, is that "
The acceptance of blockchain technology, in particular cryptocurrencies, has not been completed among the banks of the country, even though it is home to SEBA Cryto AG and Hypothekarbank Lenzburg which have declared to be open for business with the cryptocurrency trade .
Swiss Post and Swisscom stated that they would link their existing infrastructure to blockchain applications, which means that each of them could be verified by each other to ensure transparency. They opposed their distributed ledger to that of BTC and ETH, not requiring so much energy to operate, "since it can only be used by identified users who have a contractual relationship with the suppliers of an application." According to them, this allows for greater security and performance for those who choose to use it for blockchain applications and would increase the profitability of Switzerland as a commercial destination.
At the moment, Swiss Post is already using blockchain for its temperature management data, necessary for the transportation of pharmaceutical products. Its PostFinance financial services unit also records electricity consumption data on the blockchain for landlords to accurately bill tenants. Meanwhile, Swisscom, through its subsidiary daura AG, provides information on Swiss shares in the blockchain to allow unlisted companies to participate in the capital market.
