In 2019, it was announced that the United Nations Educational, Scientific and Cultural Organization (UNESCO) had declared the language of Luxembourgish to be endangered. With a population of 630,000 in 2021, almost half of which are expatriates, the number of Luxembourgish speakers still hovers at nearly 80%.
On the world’s second-largest cryptocurrency blockchain, shady traders have quietly extracted at least $18.4 million — and no one noticed. No one, that is, until SnT’s Christof Ferreira Torres stumbled upon the massive operations while conducting blockchain research in cooperation with Luxembourg’s Spuerkeess.
2021 saw the establishment of a brand-new initiative at SnT backed by the Ministry of Finance – the Finnovation Hub. Headed by industry expert, Jean Hilger, the Finnovation Hub aims to help Luxembourg continue its reputation as one of the world’s leading financial centres.
The success of any enterprise – be it a project or a business – relies on its design. Defining key requirements, workflows, and data sources makes all the difference – and that holds true for IT systems as well. But when it comes to developing software solutions for financial services, this design phase can be notoriously complex.