NexusLab Takes the Lead in Blockchain Innovation

Zurich is buzzing with excitement as NexusLab gathers ten ambitious teams to explore innovative applications of blockchain technology across various sectors. With a mix of startups hailing from the Nordic region and other parts of Europe, the stage is set for a transformative blockchain journey.

Meet the Trailblazers: The Startups

Let’s dive into the lineup of visionary startups participating in this deep dive into blockchain:

• Paymeabit (Italy): Not your average tip jar, this platform changes the online content reward system by enabling users to tip with tiny amounts, moving away from the one-click ‘Like’.
• Bittunes (UK): Aiming to disrupt the music-sharing scene, this platform lets users monetize their song-sharing endeavors. Yep, Bitcoin is the currency of choice here, giving the independent music scene a much-needed boost.
• Caravaggio (France): Wine lovers rejoice! This startup leverages blockchain for a bulletproof provenance solution to ensure the security of your beloved bottle of Bordeaux.
• Yope (Germany): Cycling enthusiasts, register your rides! This startup helps you register your bicycles on the blockchain, creating an immutable ownership record.
• Doqum.io (Switzerland): Forget scattered cloud services; this cloud storage solution tracks documents using blockchain, providing an organized hub for all your data.

Nordic Stars Shine Bright

In this ensemble, the Nordics are pulling off some serious magic. Half of the teams come from this region, proving they’re not just good at making meatballs!

Highlights from the Nordics include:

• Taqanu Bank (Norway): This socially driven venture offers basic banking services for those often left out, like migrants and expatriates.
• ProofOfYou (Estonia): Imagine a world where contracts manage themselves! This startup provides a platform to create and manage agreements seamlessly on the Ethereum blockchain.
• Zeptagram (Sweden): For those interested in trading music properties, this platform offers a transparent marketplace using blockchain to facilitate this unique type of investment.
• Wone (Finland): This innovative solution allows for seamless cross-platform mobile payments, making it easier than ever to send money to friends—no matter the app they use.

Nexussquared’s Role in Blockchain Development

Nexussquared is not just an observer; they’re a driving force behind this innovation. Their initiative is all about promoting growth within the blockchain ecosystem, creating synergies between startups and established financial institutions.

The organization provides an extensive regimen of business coaching and consulting aimed at refining business models and ensuring startups receive the support they need to flourish in this competitive landscape.

The Accelerator Program: A Springboard for Success

Over a three-month period, participating startups will connect one-on-one with seasoned mentors and industry experts. The program’s unique combination of virtual mentorship and in-person gatherings facilitates a supportive community atmosphere where innovation thrives.

At the end of the accelerator, these budding companies will converge in Zurich’s pop-up lab to put their skills to the test, pitch their advancements, and maybe even secure the funding they need to take their ideas to the next level. And for those with a keen interest, keep an ear out for the second edition coming up later!