Crypto News From the German-Speaking World: Nov. 17-23

The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on legal issues surrounding blockchain technology, the Swiss online bank Swissquote began offering its customers the trading of a real estate portfolio-covering security token, and an Austrian research project provided proof of profitability for blockchain technology-based decentralized marketplaces.

Below is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch.

The German Ministry of Justice donates 900,000 euros for blockchain researchThe research project "Blockchain and Law" from the Institute for the Law of Digitization at the Philipps-University in Marburg aims to eliminate "The enormous legal uncertainties in technology" that are currently hindering entrepreneurial initiatives.

"The blockchain and law project will focus on unexplained legal issues, such as cryptocurrency and assets or public registers, such as the suitability of blockchain for maintaining the land register and commercial register. Of course, the IRDi will also define the legal nature of the blockchain and the applicable law."

"With this merger, we catapult ourselves faster than originally planned to the world leader in the field of Bitcoin mining. Whinstone's team has done a great job over the past few years, and is leading the way in the blockchain industry, not least with the construction of the largest mining facility in the world."

Deutsche Boerse, Swisscom Settle Securities with Corda and HyperledgerGerman securities marketplace Deutsche Boerse and Swiss state-run telecom Swisscom settled securities transactions using different blockchain protocols.

Based on blockchain technology, the joint PoC intends to show the potential of new technologies in the financial services sector and maintain Germany and Switzerland's expertise in the digital asset ecosystem.

The Liechtenstein startup Crowdlitoken received a license to issue bonds for blockchain real estate investments in April.

Bavaria plans digital training certificates based on blockchainStarting in 2020, the Bavarian state government plans to test verifiable training certificates through blockchain technology.

Blockchain-based data trading: a research project provides proof of profitabilityThe Austrian Research Studios Austria Forschungsgesellschaft provided proof of profitability for blockchain technology-based decentralized marketplaces, demonstrating that secure and smart data trading can generate profits.