Adnovum, a Zurich-based IT firm, has launched its own blockchain platform. A Swiss top insurance company has been on board to help it along.

«Secure Blockchain for Business» was the label used by Adnovum for its platform designed to enable the establishment of business ecosystems on the basis of the blockchain technology. Adnovum on Tuesday presented the new tool.

The company has built the solution starting with the «Car Dossier» project it developed together with Axa, one of Switzerland’s largest insurance company. The government supported the development financially.

Purpose-Built Applications

The «Car Dossier» is a wallet containing all the relevant information about a car on the blockchain. This project now comes to fruition with further purpose-built and paywall-protected offerings.

Adnovum guarantees for the safety of both data and transactions recorded on the blockchain. The company has agreed to a deal with Suter Howard lawyers in Zurich for aspects involving legal and compliance.