CEO Stefan Deiss talks about their internationalization in an interview with Switzerland Global Enterprise (S-GE).
“As a Swiss-based global accelerator program, S-GE enables BLOCKCHAIN PROPULSION and its portfolio of blockchain-powered businesses to expand into new international markets, thereby strengthening Switzerland as a leading economic hub.” – CEO Stefan Deiss.
BLOCKCHAIN PROPULSION is a Swiss-based global accelerator program headquartered in Zug (Crypto Valley), Switzerland. Established by an international team of experienced blockchain entrepreneurs, the accelerator operates with Propulsion Hubs in Switzerland, the United States, Brazil, UAE, Turkey, India, and China. Learn more about the company in the interview.
BLOCKCHAIN PROPULSION is defined by the guiding principles and culture of inclusiveness, offering startups equitable access to resources, opportunities, and networks to fuel the global progression and adoption of blockchain and distributed ledger technologies (DLT).
The entrepreneur-driven program offers a true end-to-end blockchain service emphasizing strategy, business model design, tokenomics, technology, legal and regulatory, marketing, security, asset tokenization, fundraising, workspaces, and training for startups and enterprises.
Mr. Deiss, which are your company’s most important export markets and why?
BLOCKCHAIN PROPULSION is interested in the emerging markets around the world where blockchain adoption will have a major economic and social impact, such as Brazil, India, China, and Turkey. That said, we are also focused on strategic markets such as the United States, European Economic Area, Singapore, South Korea, and Japan.
What challenges does your company face in these markets?
In some of these markets we are encountering fears concerning the pitfalls of cryptocurrencies, which are further accentuated by recent statements from the US Treasury Secretary that digital currencies are a “national security threat”. Whilst acknowledging that cryptocurrencies must meet the same anti-money laundering standards as traditional financial firms, governments need to understand that the cryptocurrency market is here to stay and that the underlying blockchain technology is game-changing and offers significant advantages.
What is your recipe for successful export?
Our recipe is based on enabling blockchain startups and enterprises to focus on their strengths and core competencies, while leveraging the collective intellectual capital of our experienced entrepreneur team to further enhance and scale businesses worldwide, achieving sustainable competitive advantage for our projects in a new decentralized and tokenized digital economy.
What are you particularly proud of at your company and why?
I’m proud to have assembled a great team of highly experienced blockchain entrepreneurs and practitioners, who bear the scars of entrepreneurship but remain passionate about building the next unicorns. Bringing together this collective wealth of knowledge, lessons learned, and best practices is of significant value to the startups and enterprises going through our program.
Where do you see your company in five years?
Our strategic ambition is to become the largest and most impactful accelerator program in the world, fuelling the global progression and broad adoption of blockchain and distributed ledger technologies, while contributing towards a positive environmental, social, and governance (ESG) impact.
Which three principles do you live by?
Honesty, integrity, respect
Why did you become a member of Switzerland Global Enterprise?
As a Swiss-based global accelerator program, S-GE enables BLOCKCHAIN PROPULSION and its portfolio of blockchain-powered businesses to expand into new international markets, thereby strengthening Switzerland as a leading economic hub. Furthermore, we enable great international blockchain startups and enterprises to set up domicile in Switzerland and to build innovative businesses, contributing to further economic growth and prosperity for Switzerland.