Our legal tech experts Diego Benz and Philip Kaiser attended at the invitation of Ulrich Schimpel of IBM Switzerland at the online IBM EDV court day in Germany. They gave a lecture on the topic of "Processing and digitizing start-ups using blockchain technology".

The blockchain technology creates many new possibilities, also in relation to start-ups. Diego Benz and Philip Kaiser showed using the example of those founded with blockchain technology Drakkensberg AG what tomorrow's foundation could look like. They discussed the advantages that new technologies bring with them, as well as possible hurdles that still exist in the law.

The digitization of the entire process results in one major advantage in particular: efficiency. While the processing of a classic foundation can take up to six weeks, a digital foundation can be completed within 48 hours.