Corporate Finance News, Hybrid Finance News

Mardi 15 Janvier 2019

A. Favre & Fils creates the first Swiss handcrafted mechanical timepiece with a built-in crypto-currency cold wallet and state of the art proprietary security solution

A. Favre & Fils, the ten-generation watchmaking company is really proud to announce the conception of the first ever Swiss handcrafted mechanical timepiece with a built-in crypto-currency cold wallet and state-of-the-art security solution. By doing so, the company merges 300 years of fine watchmaking “savoir-faire” and innovation bringing together the worlds of fine horology, mechatronics and cryptology in a unique next-generation timepiece.

“I am very excited about this new piece and the vision it creates for the Swiss watchmaking industry. I am particularly proud of the great board of advisors we can count on for this very innovative project we are working on. Our team is composed by luxury watchmaking experts and a world-class board of advisors including Stephen Urquhart, Ex-President and CEO of Omega for 17 years and Oliver Bussmann, former Group CIO of UBS and SAP and one of the most influential blockchain expert”, comments Laurent Favre, A. Favre & Fils CEO. “We have developed this first timepiece with the idea of offering something useful for the crypto-community, not simply something to spend their money on.”

The new watch incorporates Blockchain technology and proprietary state-of-the-art security expertise to guarantee ultimate in-data security and privacy protection. The base of the device is a very fine watchmaking timepiece, hand-finished and equipped with an in-house manually wound mechanical movement.

The first prototype will be revealed during the second quarter of 2019…

Finyear & Chaineum

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Chaineum Capital Partners - Blockchain Investment Banking
Chaineum Capital Partners est une banque d'affaires indépendante spécialisée blockchain et technologies disruptives.
Chaineum Capital Partners is an independent advisory firm for the blockchain industry and disruptive technologies.
Corporate finance advisory & services: due diligence, valuation, ICO, STO, fundraising, capital raising, M&A.
France (Besançon - Paris) + Switzerland (Neuchâtel - Geneva) + Worldwide Partners.

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