We're hiring
28 April 2020
Cryptix introduces a new blockchain research project
Anika Sztarsich
office@cryptix.ag

Swiss-based fintech company Cryptix has launched a research project, Project Pallas, to examine the limitations and opportunities of blockchain technology. Project Pallas is managed by Armin Reiter, CIO at Cryptix, and is headquartered at Cryptix Labs in Vienna, Austria. The Austrian Blockchain Center is a collaborating partner that supports parts of the project.

 

Cryptix is building on its expertise as a full-service provider for creating and implementing digital payment solutions and disruptive fintech ideas: In a new research project, the Swiss-based fintech company will explore the most pressing challenges of blockchain technology, including topics such as privacy, compliance and sustainability. The aim of Project Pallas is to find new application fields that combine these three elements and fulfils the following requirements:

 

  • Access for everyone and not just experts and specialists
  • Anonymous transactions to protect privacy
  • Compliance with the law to create a global acceptance (mass adoption)
  • Prevention of illegal activities to protect citizens and users while facilitating access to blockchain technology and levelling the playing field in a secure ecosystem
  • A decentralised platform with a decentralised management (integrated governance) so that all active users have a voice

 

The Austrian Blockchain Center is a collaborating partner
The Austrian Blockchain Center is a research and development workgroup that includes universities, research institutes and consultants. Currently, four researchers from the RIAT Institute for Future Cryptoeconomics are working at Cryptix Labs to research the technologies and support Project Pallas. The researchers are currently evaluating different, existing blockchain technologies and have created a testing framework to get measurable results from those technologies. “We are excited about this collaboration that aims to bridge a critical gap. By collaborating with researchers, we will be able to explore new perspectives and find a comprehensive solution to the current challenges the blockchain technology faces”, explains Armin Reiter, Cryptix CIO.

 

Publishing the results of Project Pallas
The results of Project Pallas will be published on the Cryptix website and shared with the Austrian Blockchain Center so that anyone who is interested – no matter their location, industry or background – can benefit from Project Pallas. “In the spirit of blockchain, the results of Project Pallas will be decentralised, so to speak. We see this as a starting point that inspires new blockchain projects and industry developments”, says Bernhard Koch, Cryptix CEO and initiator of the project.

 

About Cryptix
The Cryptix Group is a full-service provider of IT, business development, legal and marketing services and supports SMEs in the development of digital payment solutions and the realisation of ideas based on blockchain and DLT. The fintech startup – headquartered in the Crypto Valley in Zug, Switzerland – also develops blockchain-based payment options and its own licensed products and platforms aligned with their mission of ‘Shaping the future of money and financial products’.

 

About the Austrian Blockchain Center
The Center’s mission is to be the one-stop-shop Austrian Research Center for Blockchain (and related) technologies to be applied in industrial applications like industry 4.0 / IoT as well as financial, energy, logistics, government and administrative applications. Those new applications and business models resulting from collaborations between established players, innovative startups and top R&D institutes will be the key for the creation of new jobs and establishing Austria among the top ten innovative countries in Europe.

23 January 2020

Cryptix is among the Crypto Valley Top 50 Companies

Once again, Cryptix AG is among the Crypto Valley Top 50 companies (out of over 800). Read more
15 December 2019

Meet Luka Gubo, CEO of Blocktrade

Luka Gubo talks about his background, what Blocktrade is all about and its future. Read more
6 November 2019

Interview with Armin Reiter, CIO of the Cryptix Group

Armin Reiter talked with Devjobs.at about building an international development team. Read more
24 October 2019

Cryptix opens new offices in Liechtenstein

In collaboration with CV Labs, Cryptix AG established a new blockchain hub in the heart of Vaduz, Liechtenstein. Read more
25 September 2019

Blocktrade and Cryptix focus beyond MiFID II license

Blocktrade’s application for the MiFID II investment firm license is expected to be submitted by the end of 2019. Read more
28 August 2019

Cryptix acquires Liechtenstein digital assets exchange

Cryptix AG has completed the acquisition of Blocktrade, a Liechtenstein digital assets exchange. Read more
6 August 2019

Cryptix is one of the Crypto Valley Top 50 Companies

Cryptix AG is the newcomer among the Crypto Valley Top 50 companies (out of over 800). Read more
17 July 2019

Cryptix AG – Blockchain solutions from a single source

Your competent and experienced partner for blockchain solutions from a single source. (German only) Read more
21 June 2019

Cryptix joins the Enterprise Ethereum Alliance

The Cryptix group, today announced that it has joined the Enterprise Ethereum Alliance (EEA). Read more
28 May 2019

Cryptix to issue the first blockchain-based e-money

The Cryptix group is introducing the first regulated electronic money (e-money) based on blockchain technology. Read more
19 March 2019

Cryptix expands by integrating the branding agency brand+Co

Cryptix continues to grow through the takeover of brand+Co. This move strengthens the focus as a full-service digital payment provider. Read more
1 August 2018

Cryptix LABS takes up residence in Vienna’s Millennium Tower

The research and development facility with focus on blockchain & Distributed Ledger Technologies starts operations in Austria. Read more
28 June 2018

Cryptix Holding AG founded in Switzerlands’ crypto valley

A Swiss full-service blockchain service provider and research center with international expansion plans and ambitious goals. Read more

Get in touch

Full name*
Email address*
Subject*
Company
Message*
Check here to indicate that you have read and agree to our terms & conditions.