Liechtenstein’s national blockchain; Siemens adopts Kinexys
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Homepage > News > Business > Liechtenstein’s national blockchain; Siemens taps JPMorgan’s Kinexys One of the smallest countries in Europe has launched a national blockchain network targeting enterprise users in the region. Liechtenstein says the new network is fully compliant with the EU’s MiCA framework and will provide users with state-backed reliability. Elsewhere, JPMorgan’s (NASDAQ: JPM) institutional blockchain solution, Kinexys, has welcomed two new clients, Siemens and B2C2, in a year when some of the world’s largest companies have come on board. Liechtenstein’s national blockchain Announcing the new network, Liechtenstein said it was designed to first comply with European regulations, which is critical given its target clientele is enterprises and institutions. Dubbed the Liechtenstein Trust Integrity Network (LTIN), it will be primarily operated by Telecom Liechtenstein, the country’s leading telecommunication services provider, which will “provide state-backed reliability for mission-critical applications.” According to Franz Wirnsperger, the LTIN chairman, the network will “extend the scope of Telecom Liechtenstein’s trusted national infrastructure for the digital age into blockchain by offering sovereign trust and integrity services for global markets out of Liechtenstein.” While Telecom Liechtenstein will be the primary operator, LTIN will also involve several private sector partners, each contributing their expertise. These include Zilliqa, a smart contract network, and Bitcoin Suisse, the Swiss digital currency investment service provider for institutional clients. Others include local blockchain-friendly lender Bank Frick and DeFi company Solstice. Recognized blockchain organizations, including the LUKSO Foundation, Swiss Subnet, and the Inacta Group, have also been involved in the network’s development. One of LTIN’s main selling points is regulatory compliance. The developers say it’s fully compliant with the Markets in Crypto Assets (MiCA) framework, enabling EU clients to integrate it without concerns about regulatory repercussions. It also adheres to Liechtenstein’s Blockchain Act, one of the earliest legal frameworks for decentralized technologies.…
Filed under: News - @ October 29, 2025 10:29 am