The revolution of blockchain technology

Blockchain technology is revolutionizing the way in which data is stored and transferred. The decentralized transactions made possible through blockchain technology have and will lead to the development of many new products and services.UZH is playing a key role in developing this technology.

The cryptocurrency "Bitcoin", created in 2009, laid the foundation for the revolutionary blockchain. Through bitcoin’s underlying technology, all transactions are encrypted and stored in blocks that can be viewed by the public and can no longer be changed. UZH is actively driving research in this area and is one of the best institutions in Europe.

The potential applications of blockchain are many and constantly growing. In addition to cryptocurrencies, applications such as smart contracts, identity management and supply chain management will be based on this technology in the future.

UZH can continue to play an important role in the international development of blockchain technology.However, this expertise cannot be fully financed through the regular budget of the University of Zurich. Thus we seek support in the form of private third-party funding.

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Sabine Schweidler
Partnerships and Philanthropy

+41 44 634 61 85

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