Bitcoin Oil Opens Office at Crypto Valley Labs in Zug, Switzerland

Bitcoin Oil GmbH chooses Crypto Valley Labs as its host because of their unparalleled space, impressive list of tenants, abundance of resources and knowledge of the industry.

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Bitcoin Oil has opened up a Swiss-based office at Crypto Valley Labs in Zug, Switzerland – and is just one, among several impressive, blockchain-related companies housed in the Labs such as Bancor, BITMAIN, Cardano Foundation, Golem, Lisk, Tezos, Waves, Zulu Republic and more. Crypto Valley Labs also holds unions with The Bitcoin Association of Switzerland, The Swiss Blockchain Federation and The Crypto Valley Association.

Switzerland alone is home to over 800 blockchain-related companies and is the ideal locale for a crypto business to lay down roots and take advantage of the industries thriving ecosystem.

Bitcoin Oil chose Crypto Valley Labs as its host because of their unparalleled space, an impressive list of tenants, the abundance of resources and knowledge of the industry. CV Labs (Crypto Valley Labs) Network Partners is dedicated to helping the CV Labs community grow by bringing a wide range of services from legal to tax and marketing while supporting blockchain and crypto companies who settle in Zug.

Bitcoin Oil will gain exclusive access to the startups settled in the CV Labs – and as partners BTCO will gain the unique opportunity to tap into one of the most dynamic startup ecosystems in the world, growing their own business footprint and competencies at the same time. CV Labs will function not just a host for the company’s office but more importantly as an incubator for the success and knowledge of the company

Bitcoin Oil is a developer of innovative blockchain and ledger technology aimed at the improvement of Bitcoin. The company is the creator of Bitcoin Oil, a cryptocurrency based on the Bitcoin network with optimally improved ledger through the use of its “SSPSS” improvement strategy.

The centerpiece of Bitcoin Oil and its “Optimally Improved Ledger” (OIL) will be the highly innovative “SSPSS” strategy focusing on the development and implementation of essential Bitcoin improvements in the fields of Stability, Sustainability, Privacy, Smart Sidechains, and Scalability, or “SSPSS”, including but not limited to key new Bitcoin blockchain features such as

  1. minimizing Bitcoin’s volatility (i.e. by connecting it with stable off-chain values),
  2. drastically reducing Bitcoin’s insane energy consumption (i.e. by altering the consensus protocol to PoS),
  3. implementing true privacy features (i.e. by enabling confidential transactions),
  4. empowering Bitcoin-based ICOs and STOs (e.g. by employing full smart contract functionalities), and last but not least
  5. developing cutting-edge scalability solutions (i.e. by the complete integration of layer 2 protocols and offline transactions).

To learn more about Bitcoin Oil, click here. 

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ citiies. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe.  In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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