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Topic: [2018-04-09] Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ (Read 114 times)

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is this a POW coin?
I can't find much on it. the website I found has little information
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Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ Time

Blockchain workflow engine and generator Proxeus and technology company IBM Switzerland have shown how to register a Swiss startup entirely on Blockchain in a “fraction” of the time traditionally required as part of their entry in the digitalSwitzerland challenge, Proxeus told Cointelegraph.

Proxeus, described as the “WordPress for Blockchain,” raised $25 mln in two days during their mid-February Initial Coin Offering (ICO) for their XES token. The company aims to make Blockchain technology accessible to the public, as users without any programming knowledge can use drag-and-drop tools to create their own Blockchain applications.

IBM also recently released a beta version of a “cheaper” Blockchain starter plan for small businesses.

The idea for Blockchain company registration came after Switzerland was ranked 54th and 56th respectively for the time and number of steps to start a business in a World Economic Forum (WEF) ranking of 138 countries, due to an excess in both the number of players involved and the physical paperwork required.

https://cointelegraph.com/news/proxeus-ibm-register-a-business-on-blockchain-in-record-setting-time

What stops a government in adapting bitcoin and blockchain besides other firms in the same country do adapt the same for their business wellness?
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