Tag: LCX


Liechtenstein Blockchain Laws Approved

On May 7th 2019, the Government of the Principality of Liechtenstein approved the government bill known as “The Blockchain Act”. The official name of the blockchain laws is the Token and Trusted Technology Service Provider Law (TTTL, TT Law or TTL). Link to Press Release.

Since the prime minister of Liechtenstein, Mr. Adrian Hasler, announced the Blockchain Act in June 2018, the industry had been waiting for the laws to be officially passed. In times of legal uncertainty, the Liechtenstein new legal frame-work is an important step to ensure clarity and guidance for the whole crypto industry. The first reading of the bill in Parliament is expected to take place in June 2019.

The full government bill can be downloaded as a PDF here (German Language Only). An unofficial translation of the blockchain laws can be downloaded as a PDF here.

Learn more about what we do at Liechtenstein at LCX.com


WEF Annual Meeting of the New Champions 2019: Leadership 4.0 – Succeeding in a New Era of Globalization

The World Economic Forum’s Annual Meeting of the New Champions 2019, also known as Summer Davos, will take place 1st until 3rd of July 2019 at Dalian, China. Besides the well known Annual Meeting in Davos the World Economic Forum is hosting the Annual Meeting of the New Champions annually in China as well as many other regional or industry events and closed gatherings.

Summer Davos 2019 – Globalization 4.0

Globalization 4.0 represents fundamental changes in the global economy that are reshaping companies, communities and countries at an unprecedented speed and scale. These changes are driven by environmental challenges, regional competition, economic disparities and technological disruption. They, in turn, require different forms of leadership and collaboration adapted to this new era of globalization.

How To Master Leadership 4.0 In The Age of Blockchain and AI?

The Fourth Industrial Revolution is driven by rapid technological changes challenging platform strategies and systems leadership. Leadership 4.0 requires an understanding of how new champions that are gaining economic influence are disrupting and transforming current industry models. The World Economic Forum engages leaders who have the vision and values to shape the future in this new context.
LCX has become a member at the Centre for the Fourth Industrial Revolution of the World Economic Forum, and joins a select group of global companies closely aligned with the forum’s commitment to improving the state of the world. The partnership with WEF involves co-designing frameworks for new DLT use cases in banking, finance, and regulations.
“LCX is aligned with the World Economic Forum to engage in this process and shape the exploration and experimentation of DLT for global financial and monetary systems”

WEF Annual Meeting of the New Champions 2019

The Annual Meeting of the New Champions is designed as the foremost global summit on innovation and entrepreneurship with more than 100 working sessions and community activities, along with the opportunity to engage in several new Forum initiatives. The WEF AMNC 2018 has been taken place in September at Tianjin China. This year the organising committee has decided to move the whole event to July.

The AMNC 2019’s agenda is focusing four key topics: Fostering Agile Industry Leadership, Promoting Responsible Leadership, Sustaining Economic Leadership and Achieving Technology Leadership.

Find out more at WEFORUM.org and LCX.com

About Dalian China

Often called the “Hong Kong of the North,” Dalian enjoys a privileged stature as one of China’s most livable cities. It has a picturesque setting with numerous parks and nice swimmable beaches. Throughout its long history, several foreign nations called it their own, thanks to its strategic position on the Liaodong Peninsula on Korea Bay. Today, a modern manner prevails in this city of skyscrapers, colonial gems and modern cutting-edge design. In 2019 the population of the city of Dalian is more than 6.7 Million people, but growing constantly.

Dalian also hosts a pair of impressive city squares. Its Xinghai Square is the largest in the world, dotted with sculptures, fountains and an amusement park. Zhongshan Square, designed by the Russians in the 19th century, is more circular in shape, with a roundabout forming its perimeter. Several classical buildings here were constructed by the Japanese during the early 20th century, and its open space comprises green landscaped parks and plazas where locals gather to socialize. Ten roads radiate from this bustling hub. The ten-mile-long Golden Coast Beach offers long strolls on soft sands.
The beach is part of the Jinshitan National Holiday Resort area, which also features the Golden Pebble Waxworks Museum, the Geological Museum, the Coastal National Geopark, the Tang Dynasty Hot Spring Resort and many other attractions that lure tourists from all over China and beyond.

The World Economic Forum along with many other internationally known events help the city of Dalian to gain international recognition and to become one of the globally known Chinese regions. This enlarged international acceptance will benefit Dalian, by becoming the host of other international events, undergo further projects and turn into a new international trading center of China.