Our legal tech experts Diego Benz and Philip Kaiser attended at the invitation of Ulrich Schimpel of IBM Switzerland participated in the online IBM IT Court Day in Germany. They presented on the topic of "Processing and Digitizing Start-ups Using Blockchain Technology." Blockchain technology creates many new opportunities, including in the area of start-ups. Diego Benz and Philip Kaiser showed using the example of those founded with blockchain technology Drakkensberg AG They explored what the founding of a company might look like in the future. They discussed the advantages that new technologies bring, as well as potential legal hurdles that still exist. Digitizing the entire process results in one major advantage: efficiency. While a traditional company formation can take up to six weeks, a digital company formation can be completed within 48 hours.