Graz-based Blockchain Startup Contest has announced the names of the five winners from nearly 80 blockchain-focused startups from 29 different countries.
According to a report from Erste Group, the main sponsor of the contest alongside Steiermärkische Sparkasse and Energie Steiermark, representatives from the top 20 entries were invited to present their projects at a demo day on Monday, November 28. An international jury of five blockchain experts then awarded two 1st and three 2nd places.
The two winning spots went to German competitor Etherisc, who are working on a decentralized insurance solution based on blockchain technology, and Singapore-based Status, an ethereum browser for mobile phones combining messaging, payments, and DApp.
The two startups were chosen based on the criteria timing, team, concept, and business model, with social impact being an additional important assessment point. Each received EUR 5,000, which was transferred in ether to their cryptocurrency accounts.
The runner-up’s included Munich-based Bernstein, which makes it possible to anonymously document the development history of intellectual properties in terms of both content and time; Austria-based