Fellow Innovators and Advocates of the Internet Computer Ecosystem,
We are a Swiss-based team operating as Swiss Subnet AG, a legally registered entity in the Canton of Zug. With a clear vision to set up and exclusively operate a dedicated, geographically limited subnet on the Internet Computer, we believe the time is right to initiate discussions and gather feedback from the IC community.
Building on the approval of Proposal No. 128820 (SRC Motion Proposal), we are excited to introduce the Swiss Subnet—a bold initiative that combines the technology of the Internet Computer with the trusted legal frameworks of Switzerland and Liechtenstein.
The architecture of Swiss Subnet will seamlessly integrate the security and transparency of public blockchains with the privacy and control of private networks, offering a solution for data sovereignty and performance optimization.
Vision
Our goal is to establish a new subnet consisting of 13 nodes located within Switzerland and Liechtenstein under the Subnet Rental Canister rules.
Key distinguishing features of the Swiss Subnet include:
— Georestricted node topology, limited exclusively to Switzerland and Liechtenstein
— Enhanced security architecture, featuring a ‘canister-in-canister’ implementation
— Full FADP and GDPR compliance, ensuring robust data protection and regulatory adherence
These features, combined with ICP’s advanced storage and cross-chain transaction capabilities, provide businesses and developers with a legally sound and highly secure infrastructure.
Team
We are a team deeply committed to the transformative potential of Web3, supported by Business Professionals with expertise in tech, marketing, PR, sales, and community engagement. Collaborating with key IC contributors, we are already actively developing technical solutions that will bring this vision to life.
Implementation Plan
In compliance with NNS rules, Node Providers and Data Centers will adhere to approved topologies, and any onboarding will follow existing or future enforced procedures.
Why Switzerland and Liechtenstein?
While 10 nodes will be deployed in Switzerland, other three nodes are planned to be deployed in Liechtenstein. Such a configuration presents a distinct competitive advantage – allowing seamless access to both the Swiss market and the broader European Union market of 500 million people, while keeping the highest regulatory standards.
Switzerland and Liechtenstein share one of the most integrated administrative partnerships in the world, dating back over 100 years. This cooperation enhances the regulatory and operational efficiency of the Swiss Subnet, while ensuring jurisdiction-specific encryption and security.
Additionally, this strategic expansion will:
- Leverage both Swiss Distributed Ledger Technology (DLT) Act and Liechtenstein’s Token and Trusted Technology Service Providers Act (TVTG).
- Leverage both Swiss FADP and Europe GDPR data privacy laws.
- Enable compliant tokenization of real-world assets.
- Unlock new innovative use cases for financial institutions and enterprises.
Benefits for the Internet Computer
We believe the Swiss Subnet will deliver significant value to the ICP ecosystem by:
- Driving Enterprise Adoption: Enabling use cases tailored to institutional and enterprise needs, which may not be feasible on public blockchains.
- Driving HNWI Adoption: Additional security and privacy, embedded into the Swiss Subnet platform, makes our dApps more attractive to HNW individuals.
- Boosting Economic Activity: Acting as a “Tenant” per SRC rules, the Swiss Subnet will contribute to cycle burning by renting computational capacity at full consumption rates (estimated burning of 820 XDR/day).
- Expanding Ecosystem Growth: The Swiss Subnet team will actively participate in global conferences and events to showcase ICP’s technology and engage developers in building solutions tailored to real-world use cases.
Join the Conversation
- The Swiss Subnet represents an exciting opportunity to expand the capabilities and reach of the Internet Computer.
We are eager to hear your thoughts:
- What opportunities do you envision for the Swiss Subnet?
- What challenges should we anticipate as we embark on this journey?
- How can we collaborate to build a secure and innovative blockchain ecosystem?
Let’s work together to build the future of decentralized, compliant, and secure blockchain solutions.
Our website: www.subnet.ch
The Swiss Subnet Team