THELOGICALINDIAN - Citibank forth with IBM Cloud Computing and MasterCard Start Path is actively complex in adopting addition in the fintech amphitheatre Citi Mobile Challenge EMEA is one such affairs conducted beyond three altered regions in the apple namely Europe Middle East and Africa As a allotment of this affairs Citibank provides the called teams with admission to their APIs These teams can accomplish use of these APIs to body articles for the banking sector
Broadly classified into two sections, this anniversary accident selects entrepreneurs/teams to advance Consumer and Business Solutions. While the Consumer Solution involves development of automatic and alone applications for cyberbanking customers, the business solutions includes action akin fintech accoutrement acclimated by accumulated clients.
This year’s accident saw the accord of teams/start-ups from 18 countries presenting 77 altered fintech articles at the audience canicule beyond 4 altered cities. The Citi Mobile Challenge EMEA audience canicule were captivated in Nairobi, Jerusalem, Warsaw and London on April 22, 26, 20 and 30 respectively. Out of the 11 top teams called as appellation winners at Citi Mobile Challenge EMEA, 2 of them were based on Bitcoin technology.
GetGems, a Blockchain based amusing networking appliance from Israel won the “Most Visionary Amusing Media Solution” appellation and the Poland based Bitcoin wallet, Billion absolved abroad with the appellation of actuality the “Most Innovative Blockchain Solution. Some of the added start-ups accommodate Avoka Transact, Elma—Mobile Commerce Payment solution, The Kytabu App, Namu Mobile Banking Platform and Superwallet are few added projects that fabricated it to the top.
READ MORE: GetGems Messaging App Gets $400k VC Funding
At the time back a lot of banks and cyberbanking institutions are alive on award means to accommodate Bitcoin and Blockchain technology into their circadian operations, The Citi Mobile Challenge EMEA and added agnate competitions will advice acceleration up the development and acceptance of Bitcoin technology in the acceptable cyberbanking and cyberbanking businesses.
