Target audience
Any financial services business, technology service or government entity that provides or uses distributed ledger technology for payments.
Detailed definition
The Best Technology Infrastructure for Blockchain category covers the many solutions using blockchain, such as a blockchain authentication service, blockchain identity/KYC and/or CBDC or data management with data stored on a blockchain. It also covers the creation on a blockchain of new crypto assets such as, stablecoins, CDBCs or traditional asset-backed or share-backed tokens.
It also covers the distributed ledger technology and banking solutions that underpin the use of these for payments.
Judges will be looking at applications of blockchain in financial services including potential uses of smart contract to create solutions.
The solution may be running in any country/countries/platform.
Please provide the following information
Nominee and nominator
- Name of nominating organisation
- Solution/Programme/Innovation name (entry title)
- Name(s) of nominated organisation(s)
- The nature of the business relationship between you as the nominator and the nominee company
Solution description
The judges will assess your entry against the following criteria. You are free to describe the programme/solution and support your case with additional material as you think appropriate. However, we strongly suggest that you do NOT submit generic promotional material and sales brochures. Please limit your submission to a maximum of 1,500 words.
The criteria are:
- The solution makes use of the special qualities of distributed ledger technology as per the description above
- The solution has benefits for the end users, whether corporate or consumer
- The solution has benefits for the provider and has performed well
- The success of the solution in the market, including quantitative/qualitative evidence
- The solution stands out from its competition because of its features and innovation
Evidence of success/metrics
Please provide as much information as you can and quote the source of that information. Such information might include the following, but this is not an exhaustive list and in each case the judges will be looking for evidence that supports your claims about the key benefits of the programme/solution:
- The length of time it has been live
- The number of transactions and their value from initial launch until January 2023
- The number of unique participants using the solution as of January 2023
- Growth in use, both historical and extrapolated projections
- How has this transformed the user experience?
