Status and Etherisc Named Winners of the Online Blockchain Startup Contest

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 BlockchainHub has announced Status — an Ethereum mobile client, and Etherisc — a decentralized insurance application as the two main winners of Blockchain Startup Contest. The winning teams received an award of €15,000 each.

The Blockchain Startup Contest saw participation by contestants from over 29 different nations showcasing a variety of Blockchain use cases. Out of over 80 applications, 20 teams made it to the finals, to be judged by their pitch and live Q&A session. The jury, made of eight thought leaders from within the industry evaluated these startups based on multiple criteria including business idea, business model, market timing, social impact, team, and execution.

“We were amazed by the amount, diversity and quality of the 80 applications received from 29 countries. Most projects share not only the Blockchain as a technical foundation but also the common goal to make the world a better place,” commented Thomas Zeinzinger, Co-Founder of BlockchainHub Graz.

The Blockchain Startup Contest was conceptualized by the BlockchainHub Graz and all prizes were awarded in Ether (ETH) to winners, as a demonstration of the near real-time cross-border payment capability of Ethereum Network.

Zeinzinger continued saying:

“We thank everybody for their participation, swift interaction and support to make this a great event and look forward to future co-operations with startups and companies all over the globe.”

The co-founder of Status, Carl Bennetts while expressing his appreciation for the Ethereum platform and the Blockchain Startup Contest said:

“We couldn’t be more excited at the prospect of bringing Ethereum and decentralized technologies directly to the general public. It’s pleasing to see initiatives like this one encouraging a transition towards decentralization— they provide a valuable service not only to startups in the industry but also in exposing more established institutions to the potential of Blockchains.”

Similarly, one of the co-founders of Etherisc — Stephan Karpischek said:

“It is hard to overestimate the impact that Blockchain will have on the insurance market. We build smart insurance applications on Ethereum. While we knew that we are onto something big here, we now feel humbled to win in such a great competition. This is a great motivation for us to continue with making insurance processes more efficient, transparent and fair.”

The event was organized by the BlockchainHub Graz, a collaboration between Lab10, Coinfinity, and MakerSpace, and was sponsored and supported by Energie Steiermark, Steiermärkische Sparkasse + Erste Bank, eCounting, KaPa Ventures and the City of Graz.

Headquartered in Singapore,  Status is an open source project that combines a messenger, wallet, and DApps browser for the mass market to begin using cryptocurrency and decentralized applications directly from their Android or iOS devices. Status will be launching an API and developer tools at the end of Q1 2017, enabling DApp developers to reach new users through its open, decentralized platform.

Etherisc builds smart insurance applications on the Blockchain, with the goal to make insurance processes much more efficient and fully transparent. At devcon2 in Shanghai in September 2016, Etherisc demonstrated the benefits of a fully automated process with the flight delay DApp. Now it aims to extend this model to other insurance verticals and provide investors with a truly peer-to-peer and decentralized insurance market.

Learn more about BlockchainHub Graz at – https://Blockchainhub.net/graz/
Learn more about Status at – https://status.im
Learn more about Etherisc at – https://fdd.etherisc.com

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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