Blockchain Startup Hyperledger Bags $50,000 Prize in Fintech Challenge
Blockchain startup Hyperledger won the Innotribe Startup Challenge finale at the Sibos conference in Singapore and bagged $50,000 in prize money. The company specializes in shared ledger technology for decentralized data management and was recently acquired by Digital Asset Holdings. Other bitcoin and blockchain firms that made it to the finals were Bitspark, a remittance service based in Hong Kong, and Elliptic, which is a bitcoin storage and analytics firm. Hyperledger's Blockchain Technology. Prior to winning this year's fintech challenge sponsored by SWIFT, Hyperledger was also one of....
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Spanish startup Bit2Me has won $10,000 for its new blockchain-powered remittance app Hive. The startup was awarded the prize after pitching Hive at FinTech Americas' hackathon, held in Miami last week. Team Hive from Spain announced the winners of the @fintechamericas @Cobiscorp Hackathon! @blockchain @Sbootcamp pic.twitter.com/bkjFWta8Yh. - fintechamericas (@fintechamericas) October 22, 2015. Hive is a peer-to-peer app that leverages blockchain technology to enable the transfer of funds between users, who can top-up their accounts with either bitcoin or credit cards. According to a....
Blockchain startup Hyperledger has won the Innotribe Startup Challenge at Sibos conference, walking away with a reported $50,000 in prize money. The team, acquired by Blythe Masters' Digital Asset Holdings earlier this year, made their pitch onstage alongside 11 early-stage finalists including crypto remittance platform Bitspark. And the winner is... @Hyperledger! Congratulations from the whole Innotribe team! #ISCFinale #Sibos pic.twitter.com/cWolJSHUid. - Innotribe (@Innotribe) October 14, 2015. Launched in 2011 by Swift, Innotribe seeks to bridge the gap between the financial services....
HyperLedger, a blockchain startup progressed to the finals stage of the Innotribe New York Showcase. The finals will be held at Sibos Singapore after regional showcases in Asia, Africa, and Europe. The five best startups in each region will then compete for a $50,000 grand prize, and the possibility to work with global financial giant SWIFT. "The regional showcases represent a unique platform for discussion, debate, and high-level networking for our community and are a great opportunity for the startups to meet face to face with potential investors, partners and customers," explained....
IBM Bluemix Garage has unveiled that Singapore FinTech startup KYCK! is to use its blockchain in a project to fast-track the know-your-customer (KYC) on-boarding process in financial organizations, according to a report from Yahoo!. It is hoped that by using the blockchain technology banks will be in a better position to enhance operations for on-boarding customers, reducing the time and expense that is normally required. By utilizing the Hyperledger Project Fabric, IBM Bluemix Garage in Singapore will work to create and test the solution, which is to be built on the Hyperledger Fabric.....
Santander InnoVentures announced an open DL Challenge for fintech startups using Blockchain technology. The grand prize will be US$15,000 along with the promise of future angel investment. The goal of the DL Challenge is to “inspire innovation and encourage entrepreneurship” for startups worldwide. The competition is focused on mortgage processing, trade finance and asset leasing. Participants will be selected by a panel of DL and blockchain technology experts during the Challenge event in January, 2015. Mariano Belinky, managing partner of Santander InnoVentures, said: “Distributed ledger....