Blockchain Startups Named 'Top Innovations' at Citibank's EMEA Mobile Competition
Blockchain-based social network GetGems was named 'Most Visionary Social Media Solution,' while bitcoin wallet Billon took home the title, 'Most Innovative Blockchain Solution,' during the Citibank Europe, Middle East and Africa (EMEA) Mobile Competition. The annual competition, started just last year, was put together by leading global bank Citi and....
Related News
Citibank along with IBM Cloud Computing and MasterCard Start Path is actively involved in fostering innovation in the fintech arena. Citi Mobile Challenge EMEA is one such program conducted across three different regions in the world namely, Europe, Middle East and Africa. As a part of this program, Citibank provides the selected teams with access to their APIs. These teams can make use of these APIs to build products for the financial sector. Broadly classified into two sections, this annual event selects entrepreneurs/teams to develop Consumer and Business Solutions. While the Consumer....
23 mobile app startups battled it out at the Round 1 of the DTI-GIZ competition, Greenovation. This round focused on the business models of the startups as Beam and Go’s Director of Marketing, Albert Go (among others), mentored them. Greenovation consists of three rounds of systematic steps needed to build the mobile APPs. Round 1: Business Model wherein ten teams were selected, Round 2: Prototyping and Market fitness on September 12 wherein five teams will be selected and Round 3: APP Coding and Programming on October 3 for the selection of the final winner. Raket.ph’s Lyle Jover, a judge....
UBS has shown particular interest in fintech developments, creating an innovations lab to explore potential applications of bitcoin and the blockchain technology. Just recently, the company announced the launch of the Future of Finance Challenge, which is a competition open to fintech entrepreneurs and bitcoin startups. UBS is a Swiss global financial services company based in Zurich. It provides investment banking, asset management and wealth management services for private, corporate, and institutional clients worldwide and operates in more than 50 countries with about 60,000 employees....
Bitcoin startup LazyPay has a chance to win a share of the £1,000,000 in prize money for the winner of Virgin Mobile's Pitch To Rich competition. The London-based Bitcoin wallet, exchange and payment processor is the only digital currency startup competing in the event. The annual competition tries to find the brightest and best entrepreneurs in all of Britain. Startups can compete in three different categories: New Things, Start-Up and Grow. Competing startups can receive up to £250,000 in marketing support, 12 months of business support and advice from billionaire and Virgin Group CEO,....
Citibank wants to turn Bitcoin into everything Satoshi disliked about modern financial systems. A recent report from Citibank has shown that Bitcoin proponents still have a long way to go when it comes to explaining the value proposition of this digital currency to the world. While the report made a number of interesting points when it came to disrupting credit card payments and building new innovations on top of the blockchain, the fact of the matter is the intrinsic value of the blockchain was missed by the staff behind the multinational bank's short report on digital currencies. One of....