Bank Frick, University of Liechtenstein Collaborate On Blockchain Certificate Program

News | November 22, 2018 By:

Bank Frick, a Liechtenstein-based family bank, is sponsoring a blockchain program at the University of Liechtenstein.

Bank Frick is celebrating its 20th anniversary this year. To mark this event and as part of its social responsibility, the bank has chosen the University of Liechtenstein as its cooperation partner to provide Liechtenstein with a forward-looking gift. The university will be receiving substantial financial resources from the bank during a planned five-year cooperation in the fields of blockchain and FinTech. The two parties will work together on research projects, projects with students and a certificate program for practitioners in the financial sector, which will be offered in the first quarter of 2019.

“The university is providing its blockchain expertise both in the financial and legal domain,” said Edi Wögerer, CEO of Bank Frick. “Students will therefore benefit from a research-based approach and learn how the future of our sector is being shaped through innovation.”

The certificate program, developed by the university’s Institute for Finance with the help of Bank Frick’s practical experience in blockchain and FinTech, is led by project and study head Assistant Professor Dr Martin Angerer. The goal of the program is to pass on the latest knowledge and expertise on dealing with technologies, such as blockchain, in the financial sector that are both disruptive yet potentially promising.

Dr Volker M. Rheinberger, President of the University Council, said that the Bank Frick’s commitment is a sign of confidence in the University of Liechtenstein and Liechtenstein as a business location.

“It shows that it was right to focus on these new subjects in the financial sector and that it is very promising.”