THELOGICALINDIAN - Tuesday will see the actualization of the champ at the GTEC Blockchain Innovation Awards in Berlin with startups in band for up to 20240 in award-winning money
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GTEC Gives International Recognition to Blockchain Innovators
Over 100 applicants accept been whittled bottomward to a shortlist of 12 contestants called by industry experts, an official announcement from GTEC explains.
“The fourth automated anarchy will be congenital aloft a Machine-to-Machine abridgement with free vehicles, 3D printer, robots, drones and IoT,” Carsten Stöcker, Innovation Programme Manager, Blockchain Competence Team, RWE Innovation Hub told Bitcoin.com in emailed comments.
“We accept that blockchains will be the ‘lubricant’ for asset-sharing and defended affairs among
1) People
2) Organizations and
3) (Autonomous) Machines, including DAOs,
in the M2M age.”
The finalists will angle themselves to board at the event, afterwards which the all-embracing champ will be decided.
GTEC is a Berlin-based bunch of above German companies acquisition to abutment the arising blockchain basement and associated innovation.
The awards are actuality sponsored by two GTEC participants: activity provider RWE and technology incubator Globumbus. First award-winning will be in the anatomy of €20,000, with €15,000 and €10,000 for additional and third prizes, respectively.
A appropriate association award-winning of €5,000 will additionally be awarded, the champ called by attendees voting in absolute time on the blockchain.
In accession to the awards themselves, the commemoration in Berlin will affection keynote speeches from the sponsors, as able-bodied as from Trent McConaghy, whose startup ascribe provides blockchain proof-of-ownership to artists and creators of agenda content.
“I see a apparent about-face appear non fintech solutions. I like best of the approaches alike if abounding of them are (very) aboriginal stage. But some of them are additionally actual mature,” Globumbus architect Jens Hewald told Bitcoin.com about the entrants. “I can additionally see and like some solutions are application the spirit of DACs/DAOs.”
Paths to Propagation
One startup shortlisted for the accolade is ECHO, a multifunctional amusing networking and payments app. Its architect Christoph Hering batten to Bitcoin.com advanced of the final.
“We are actual aflame to be called allotment our eyes with ECHO at the GTEC accolade ceremony,” he said. “It is a abundant befalling for us to affiliate all Blockchain communities with the ECHO Blockchain wallet 2.0.”
He added that the angle for blockchain addition startups could alter depending on developers’ abiding relationships with their ambition markets.
“I see a lot of abundant Blockchain companies accessory the GTEC and I am blessed that ECHO is amid them. The called entrants all serve their different bazaar alcove but I am afraid if best of the entrants can anytime leave the developer mindset.”
Hering continued:
“If Blockchain startups appetite to ability the accumulation bazaar they charge to focus on approved marketing, stripping all best of the air-conditioned tech abracadabra that best consumers don´t affliction about.”
What’s your assessment of the accolade entries? Get complex in the comments below.
Images address of the German Tech Entrepreneurship Center.
