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Awards Ceremony of the Santander X Global Challenge | Blockchain & Beyond
July 14 @ 10:00 am UTC-4
Banco Santander and Oxentia Foundation have launched Santander X Global Challenge | Blockchain and Beyond to seek startups and scaleups with innovative and scalable solutions using blockchain technology. The aim of both institutions is supporting innovation to improve productivity and employment, as well as to solve problems relevant to society.
This Global Challenge is aimed at startups and scaleups from 11 countries (Argentina, Brazil, Chile, Germany, Spain, Mexico, Poland, Portugal, the UK the US, and Uruguay), with an innovative and technology-based product.
Solutions should address issues such as improving user privacy and security in blockchain networks, boost decentralised finance (DeFi) -without financial intermediaries- and tokenisation (digital representation in blockchain) and enhancing and expanding digital interactions with users through concepts such as Web3 and the metaverse.
There will be six winning projects, which will receive €120,000 in prizes: €30,000 for the three winning startups (€10,000 each) and €90,000 for the three best scaleups (€30,000 each). They will also have access to Santander X 100, Santander X’s global community of leading start-ups, which connects them to the resources they need to grow: advice and training, capital, customers, talent, networking and other valuable resources.