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Sweden

Switzerland launches instant payments
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30 August, 2024

Switzerland launches instant payments

As one of Europe’s most cash-loving nations, Switzerland has over one-third of all transactions in cash, which the central bank...
Swedish central bank concludes proof of work blockchains are unacceptable
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18 July, 2024

Swedish central bank concludes proof of work blockchains are unacceptable

In its report, Sweden's Riksbank sees a semi-centralized blockchain for its CBDC as the most optimal model over a fully...
India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs
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4 July, 2024

India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs

The partnership between Crunchfish and Tata Consultancy Services will utilize the Quartz solution for CBDCs with offline payments enabled by...
Microsoft invests $3.2B to expand its cloud, AI infrastructure in Sweden
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6 June, 2024

Microsoft invests $3.2B to expand its cloud, AI infrastructure in Sweden

Microsoft will give Sweden 20,000 GPUs to support the development of LLMs for generative AI, while the existing data centers...
HIVE block reward miner acquires Swedish data center in European expansion
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30 November, 2023

HIVE block reward miner acquires Swedish data center in European expansion

HIVE paid $2.25 million for the data center that was built for the EU Horizon 2020 Project, which it says...