Zurich, Switzerland – Zurich-based FQX, partners with EBS Universität für Wirtschaft und Recht, Germany and Professor Dr. Ulrich Segna, one of the leading experts in the field of (digital) securities and custody law, who will join the FQX advisory board. FQX is radically facilitating trade finance & money markets by using eNotes™, a disruptive short-term financing & payment instrument, built on an unconditional promise to pay a specific sum to another party at a specific future date. The eNote™ is based on Blockchain technology and can be flexibly sold and transferred to any third party (i.e. an investor).
FQX is the first market-ready solution for eNotesTM , which is built on a banking-grade Blockchain (Swiss Trust Chain) with a unique, patent-pending authentication mechanism. Professor Dr. Segna will add further highly valued legal expertise and credibility to the internationally reputed advisory board of FQX and to the team at FQX as a whole. Professor Dr. Ulrich Segna said “FQX is built on a brilliant technical and legal platform. I am delighted to join the advisory board of FQX and work together with a superb team of seasoned practitioners and leading experts dedicated to establishing FQX as the leading global infrastructure for digitized promissory notes.”
Dr. Philipp von Randow, Co-Founder and General Counsel of FQX commented: “FQX is committed to stay ahead of the ever changing technological and legal curve in the digital securities space. We are therefore very proud to have won Professor Ulrich Segna as an internationally highly renowned expert of digital securities for FQX and very much look forward to cooperating with EBS as an innovative university focusing on transformative legal and financial technologies.”
About FQX FQX is the first market-ready solution for eNotesTM built on a banking-grade Blockchain (Swiss Trust Chain) with a unique, patent-pending authentication mechanism (based on regulated and qualified electronic signatures provided by Swisscom Trust Services). When compared to other financing options, eNotesTM as negotiable instruments outperform through their financial steering capabilities and transferability. eNotesTM are based on the globally proven, formerly paper-based “promissory notes”.
About Professor Dr. Ulrich Segna Ulrich Segna holds the Chair of Civil Law, Commercial and Business Law, Law of Non-Profit Organizations at EBS Universität für Wirtschaft und Recht in Wiesbaden since October 2015 and has been Dean of EBS Law School since July 2020. Previously, he held positions at the Universities of Osnabrück, Frankfurt am Main, Luxembourg and Heidelberg. His research focuses on banking and capital market law and legal issues of non-profit-organizations. With his multiple award-winning treatise „Intermediated Securities“, Ulrich Segna has established himself as one of the leading German-speaking experts in the field of (digital) securities and custody law. Due to his expertise, Ulrich Segna has become a member of various working groups of the German Banking Industry, including (since 2013) the Custody Law Working Group, which also deals with the impact of Distributed Ledger Technology (DLT) on traditional forms of securities custody and transfer. Segna publishes regularly on electronic securities and custody, including contributions to “Bankrecht und Bankpraxis (BuB)” and the forthcoming handbook “Recht der FinTechs”. He is co-editor of a comprehensive commentary on the new Electronic Securities Act (eWpG) (scheduled for 2022 with renowned publisher C.H. Beck).
About EBS Universität für Wirtschaft und Recht EBS University is one of the leading private business universities in Germany. Currently, around 2200 students and doctoral candidates study and research in Wiesbaden and Oestrich-Winkel. EBS Business School, the oldest private business school in Germany, has been educating leaders with an international perspective since 1971. EBS Law School, the youngest law faculty in Germany, has been offering a fully-fledged, classical law degree programme since 2011, with the final goal of a state examination and business law focus areas as well as an integrated Master in Business (M.A.). With its continuing education programme at the EBS Executive School, the university supports specialists and managers from the business world. Since July 2016, EBS Universität has been part of the non-profit foundation SRH, a leading provider of education and healthcare services. www.ebs.edu