Six technology startups have been selected to participate in the next EY Startup Challenge, focusing on building blockchain solutions for digital rights management and energy trading.
During the six week programme, which begins on 12 September, the startups will move into an innovation hub in the office space of a technology accelerator in Canary Wharf, London. They will have access to a selection of mentors from EY and EY’s clients, a series of educational workshops, and regular contact with market leading businesses. The programme ends with a showcase day on 20 October where the startups will demonstrate the solutions they have built.
The shortlisted startups are:
- Adjoint – www.adjoint.io – Adjoint is building a new messaging and consensus protocol that allows enterprises to quickly deploy, maintain, and analyse a global network of smart contracts on top of a mathematically verified, cryptoledger fabric.
- BitFury – www.bitfury.com – The Bitfury Group develops and delivers software and hardware solutions for businesses, governments, organisations and individuals who want to securely move an asset across the Blockchain.
- BlockVerify – www.blockverify.io – BlockVerify technology provides a distributed ledger solution for companies to prove exactly where their products are in the supply chain at any given time. It also allows businesses as well as end consumers to trace the source, establish authenticity and prove ownership of their purchases.
- BTL Group LTD (TSXV:BTL) – www.btl.co – BTL offers blockchain solutions to businesses across a number of industries, and has recently built a prototype that uses a blockchain based interbank payment network built on their core settlement and asset trading solution, Interbit.
- JAAK – www.jaak.io – JAAK is a Smart Content platform for digital media. Their protocol acts as an ‘operating system’ for defining, managing and commercialising media and metadata on the blockchain.
- Tallysticks – www.tallysticks.io – Tallysticks leverages the functionality of blockchain technology to deliver efficiencies across financial workflows. They deliver all automation by integrating into various ERP and accounting systems and connecting them with financial ecosystems as well as by plugging into electronic payment rails.
Jamie Qiu, Founder and Lead of the EY Startup Challenge, EY said:
“We are hugely excited to explore together with these six startup businesses how blockchain can be used to transform digital rights management and energy trading. These two key areas are ripe for change and we believe blockchain has the potential to bring about notable enhancements in productivity and transparency. We think that the prospective impact of this technology outside of the financial services sector is enormous, and we look forward to exploring this collaboratively.”
Rahul Gautam, Partner and Head of TMT Advisory Services, EY UK and Ireland added:
“Blockchain represents a unique opportunity for media companies to accelerate their growth ambitions by simplifying the secure production, management, and distribution of content to audiences around the world. The EY Startup Challenge will fuse the best thinking from the Blockchain startup community with EY’s people and clients to produce functioning solutions that demonstrate the art of the possible.”
All of the solutions and prototypes that are built during the six weeks of the Challenge will have the opportunity, if selected, to be further developed to a pilot state with EY providing ongoing, hands-on support and longer-term access to EY’s network, resources and expertise.
Please visit www.ey.com/startupchallenge for more information.
- Swarm Offers Free Issuance of Security Tokens - January 21, 2019
- London’s Blockchain Conference; Blockchain Expo Global Exhibition announces expert speakers - January 21, 2019
- Currency.com Launches Tokenised Securities Trading Platform - January 21, 2019
- Katallassos Launches a Standard Framework for Decentralised Derivatives - January 11, 2019
- Dutch Crypto Trading Marketplace Cryptohopper at CES 2019 - January 8, 2019
- Interview with Ammbr – A Blockchain-Enabled Mesh Network Bringing High Speed Internet to Emerging Economies - January 8, 2019
- Zion Market Research Report Explains: Global Blockchain In Energy Market likely to grow to USD 11,899 Million By 2024 - December 27, 2018
- Blythe Masters Resigns as CEO of Digital Asset - December 18, 2018
- Overstock’s Medici Ventures Uses Ravencoin Blockchain for Equity Purchase in Chainstone Labs – Completes $3.6 Million Securities Token Transfer - December 18, 2018
- Despite Market Downturn – eToro Survey Reveals Strong Interest in Cryptoasset Education - December 18, 2018
- BlockIMMO brings Blockchain Technology Platform to Tokenize Fractional Real Estate Investment - December 17, 2018
- Algorand Appoints Dual Ph.D. Rock Star Pablo Azar as Chief Economist - December 17, 2018
- Dascoin – Anatomy of Multilevel Marketing Crypto Scam – Coinmarketcap Zero - December 17, 2018
- Dutch Blockchain Company Tymlez Group Starts Trading on Australian Stock Exchange (ASX) - December 13, 2018
- DNAtix Releases Live Demo of its Blockchain based Genetic Infrastructure Platform - December 11, 2018
- IOHK Launches Secure Smart Contracts Technology for Cardano blockchain - December 11, 2018
- XYO Network to Launch of Blockchain Satellite on SpaceX Falcon 9 - December 11, 2018
- Algo Capital to Invest In Promising Companies Built on Algorand Platform – Announces $100 Million Blockchain Fund - December 11, 2018
- Stackr Taps into AI For Investment Solutions to Power a New Savings Solution - December 11, 2018
- Walt Disney Company Cuts Deal with Blockchain-fueled PlayGame.com to Bring Games to Southeast Asian Fans - December 11, 2018