Crypto News From the German-Speaking World: Sept. 9-15 in Review

The German-speaking world continues to see lots of developments in the crypto industry, as a Liechtenstein-based exchange is tokenizing a $25 million movie fund with actor Wesley Snipes, Austrian textile manufacturers use blockchain to go green and a Swiss crypto finance company expands its business into Asia.

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

Austrian textile manufacturer uses blockchain to make fashion industry greener.

On Sept. 9, Cointelegraph auf Deutsch reported that the Lenzing Group, a manufacturer of wood textile fibers, successfully tested a blockchain system which guarantees the origin for raw materials used in clothing.

"Blockchain technology enables anybody to identify the source of wood in every step of the production and distribution process, including clothing and home textiles. In addition, the new technology also provides consumers with the ability to check the composition of a garment and the underlying textile supply chain prior to purchase by simply scanning a barcode."

Swiss Crypto Finance AG plans to offer crypto businesses in Asia.

Swiss financial sector sees blockchain as an important digital technology.

Per a recent survey by SwissVR Monitor, the Swiss financial sector considers blockchain to be an important digital technology.

On Sept. 13, Cointelegraph auf Deutsch reported that Munich-based startup Tangany is launching a new service called Blockchain Wallet-as-a-Service that offers companies a software interface wallet service, which they can easily integrate into their own applications.

"Customers are offered the facility to create an unlimited number of wallets that support not only the most popular blockchains of Bitcoin and Ethereum, but also private blockchains."