MiCA·
Switzerland Launches Blockchain-Based National Digital Identity System
In August 2024, the Swiss government announced the launch of a national digital identity system based on blockchain technology. The system leverages blockchain's decentralized and immutable properties to provide a secure, efficient, and privacy-preserving digital identity verification method. The new system will be used across public services, banking, healthcare, and e-government sectors, offering citizens more efficient and convenient services. Switzerland's move reaffirms its global leadership in blockchain technology applications and provides a valuable reference for other countries.