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  • user 6:22 pm on November 8, 2016 Permalink | Reply
    Tags: , , , , , , , , , , , Upcoming   

    Upcoming Swiss Hackathon Seeks To Use Blockchain To Disrupt The Insurance Industry 

    An organized by EPAM in collaboration with Finance + Association  and Validity Labs is looking for innovative solutions to the .

    Upcoming Hackathon Seeks To Use Blockchain To Disrupt The Insurance Industry

    Image credit: Golden Bitcoins by Julia Tsokur via Shutterstock.com

    The EPAM 2016 Blockchain Hackathon, taking place on November 18 and 19, 2016 in Zurich, is seeking dynamic teams to take on the challenges set by the three largest insurance companies in Switzerland, namely SwissLife, Zurich and SwissRe.


    Apply for Blockhain Insurance Zurich Hackathon

    You still can apply for it or join as a visitor, hurry up!


    The teams will be judged by representatives from these three companies on the following criteria: originality and innovation, usefulness and practicality, business potential and commercialization to go to market, design and interface, and technical implementation.

    Industry experts will assist the teams during the hackathon to provide insights and answer questions about specific industry characteristics.

    Insurance and Blockchain?

    Like , insurers have been exploring the merits of blockchain technology to disrupt their industry and streamline payments of premium and claims.

    According to a Deloitte paper, blockchain technology could support the significant digital transformation underway in the industry because much of this transformation relies on data.

    &;Smart contracts powered by a blockchain could provide customers and insurers with the means to manage claims in a transparent, responsive and irrefutable manner,&; the report states.

    &8220;Contracts and claims could be recorded onto a blockchain and validated by the network, ensuring online valid claims are paid. [&;] Smart contracts would also enforce the claims &; for instance, triggering payments automatically when certain conditions are met (and validated).&8221;

    Blockchain technology could allow the industry as a whole to streamline its processing and offer a better user experience for customers. Storing claims and customer information on a blockchain would also cut down fraudulent activity.

    Early blockchain developments have tended to focus on optimizing current ways of working within organizations. For instance, London-based startup Everledger uses the blockchain to create a permanent ledger for diamond certification and related transaction history. The ledger lets insurers and potential buyers check the history of any individual stone, helping insurers prevent, detect and counter fraud.

    Blockchain Industry Challenges

    Despite the enormous potential, the biggest challenges to industry-wide implementation are facilitating collaboration between market participants and technology leaders, succeeding in the operational transformation, and shaping a stimulating regulatory environment, according to McKinsey and Company.

    EPAM Systems is a leading global product development and platform engineering services company and one of Forbes&; 25 Fastest Growing Public Tech Companies.

    Validity Labs, a startup created by several blockchain technology experts in Zurich, aims at bridging the shortage of educated blockchain engineers, entrepreneurs and executives. The company organizes various educational events and workshops in Switzerland.

    Swiss FinteCH is an independent association aimed at promoting and supporting Switzerland&8217;s industry. It connects stakeholders, creates research papers, advocates for solutions and promotes Switzerland as a global fintech hub.

    The post Upcoming Swiss Hackathon Seeks To Use Blockchain To Disrupt The Insurance Industry appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.

    Fintech Schweiz Digital Finance News – FintechNewsCH

  • user 3:35 pm on June 7, 2016 Permalink | Reply
    Tags: Competitions, , , , , , Upcoming   

    7 Upcoming Fintech Startup Pitch Competitions in Europe 

    Do you operate a that is tackling the financial services industry? Is your startup looking to disrupt the finance and banking sector? Are you looking to connect with the industry&;s key players, decision makers and investors, and grow your venture to the next level?

    Well, you may want to consider attending these seven startup in and get the boost you need to grow your business:


    Startupbootcamp FastTracks

    June 20, 2016, in Zurich

    startupbootcamp fintech london fasttracks zurich 2016

    Startupbootcamp Fintech is an accelerator program operating around the world. Its Startupbootcamp FastTracks are informal events that are used as part of the screening process aimed at selecting the top 10 cutting edge fintech startups that will get the chance to present their ventures and eventually get the opportunity to apply for the three-month accelerator program in London.

    Startupbootcamp Fintech is looking for startups all areas of fintech including payments, cryptocurrencies, financial inclusion, asset management, capital markets, peer-to-peer, platforms, security and authentication, insurance, and lending.


    EIT Digital Challenge

    EIT Digital Challenge Europe 2016

    The EIT Digital Challenge is aimed at fast-growing European startups that are offering digital tech applied to industry, cities, wellbeing, infrastructure and finance.

    The 15 most innovative European startups in these fields will be selected to compete to win up to €50,000 in cash, access to EIT Digital’s pan-European innovation network, as well as the chance to join the EIT Digital Accelerator for a full year, and eventually get support to find international customers and raise Series A financing to scale up.

    The submission phase is open until July 15, 2016.


    Startup Pitch Competition &8211; Pirate Summit 2016

    September 06, 2016, in Cologne, Germany

    pirate summit 2016

    In its sixth year, the Pirate Summit is one of Europe’s biggest invitation-only gatherings of early-stage startups and investors. The Pirate Summit aims at celebrating entrepreneurship by being a platform where founders, investors and entrepreneurs can meet and connect.

    This year, the event will take place at Odonien, in Cologne and is expected to bring some 1,200 participants.

    The Pirate Summit will also be organizing a startup competition. The selected startups will receive two free-tickets to the Pirate Summit for the founding team members and a guaranteed pitching slot at the semi-finals of the &;Walk the Plank&; pitch competition at the first day of the Pirate Summit.


    Elevator Pitch &8211; ICT, Nano, Clean, Fintech

    October 08, 2016, in Zurich

    elevator pitch zurich 2016

    Swiss Startup Invest and Swiss Start Up Factory will be running the Elevator Pitch competition on October 08, 2016. The best candidates will get the change to pitch their businesses during the Swiss Startup Day event on October 25, 2016.

    Registration opens on August 01, 2016, and will run until September 20, 2016.


    BBVA Open Talent Competition 2016

    BBVA Open Competition 2016

    The BBVA Open Talent Competition is back with its 8th edition aimed at providing support to and collaborating with promising startups tackling financial technology and other projects affecting the industry such as Big Data, cybersecurity, and APIs.

    The winners will receive €30.000 each in cash prize, enjoy a two-week program in Mexico City and Madrid, and get the opportunity to get to know and engage with the entrepreneurial ecosystem and BBVA executives with the goal of making their business grow.

    Participants need to register their projects before June 27, 2016 to get a chance to be one of the finalists in Europe, Latin America and USA, and the rest of the world.


    IN3 Events

    Global Expansion Summit In3 20176

    Under the banner IN3 (Innovation-Investment-International), Global Expansion Summit offers a series of events, workshops and networking opportunities to facilitate the creation of innovation hot spots in new markets around the world, allow for startups, governments and corporates to connect, foster corporate and government innovation and digital transformation, and promote collaboration between innovation hubs across the world.

    This year, Global Expanson Summit will run three startup competitions during its annual event on October 17 and 18, 2016, in London:

    As a visitor you can register for the the whole event with Code &8220;FINTECHNEWS&8221; and get 20% discount.

    Start Me Up Abroad

    October 17, 2016

    14:15 – 15:30

    Start Me Up Abroad is aimed at early stage startups looking to kickstart their business abroad. This is a dedicated platform for pre-funding startups to pitch to a panel of investors and accelerators from some of the most sought after startup city hubs and then take 5 minutes’ worth of questions from the panel.

    The Bakery Live!

    October 17, 2016

    16:00 – 17:15

    The Bakery Live will focus on providing a new way to get innovation done with a low cost and low risk model. A large corporate brand will present a brief/challenge facing their business. The Bakery will select six startups from a large number of applications for the brief. These six startups then have three minutes to pitch their idea to the corporate client. The two finalists will be brought back for a final round and deeper Q&A. The corporate client speaker will choose the winner for a trial with the help of the audience.


    Featured image: A businessman on a track ready to run by Stokkete, via Shutterstock.com.

    The post 7 Upcoming Fintech Startup Pitch Competitions in Europe appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.

    Fintech Schweiz Digital Finance News – FintechNewsCH

  • user 6:28 pm on May 23, 2016 Permalink | Reply
    Tags: , , , , , , , , Upcoming   

    Dubai Government to Sponsor Upcoming Digital Currency Conference 

    is set to play host to a on currencies months after a effort in the country was first unveiled.
    fintech techcrunch

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