Santander and the Oxentia Foundation announce 20 finalists in the blockchain challenge

Santander and the Oxentia Foundation announce 20 finalists in the blockchain challenge

The best projects

The 20 finalists (click here to find out more about their projects) stood out for their solutions to increase productivity and employment while solving important societal issues in challenges to strengthen users’ privacy and security in blockchain networks, promote decentralized finance (” DeFi ”(ie without financial intermediaries) and tokenization, and increase online engagement with users through Web3 and metaverse.

Finalists in the start-up category were: Salus – Management of health data (Spain), a collaboration that helps citizens share medical data for research purposes; Finteum (UK), an interbank treasury platform for swaps and repos; Prosperas (USA), which enables lenders to qualify neglected individuals for credit; Heimdall Technologies (Argentina), which uses blockchain technology to track environmental regeneration; Agrotoken (Argentina), the first company to create stable currency backed by agro-commodities; Biztribution (Spain), which uses blockchain technology to revolutionize retail retailing; Rastra (Brazil), which traces supply chains and creates NFTs for consumer data in the form of a digital passport; Win (Spain), a platform for smart, blockchain-supported investments in the sports industry; SharpShark (Chile), which uses blockchain technology to manage intellectual property; and Proofmarked ltd (UK), which “starts trust and legitimacy to the web”.

Finalists in upscaling are: nChain United Kingdom (UK), which helps central banks issue digital currency that citizens can use in retail payments; Xcapit (Argentina), an open source wallet for investing in DeFi products; Validated ID (Spain), which works with decentralized digital IDs; Zumo Enterprise (UK) – smart digital assets for fintechs and banks; Origin (Argentina), which uses tokenization to track supply chains. KornChain Limited (UK), a programmable digital currency that enhances next-generation payment platforms; Valora (USA), a crypto wallet for global payments and decentralized financial apps; Almond Fintech (US), an international money transfer company that uses blockchain to facilitate cross-border payments; W2 global data solutions (UK), which performs identity and age verification to be shared anonymously among sellers; and WishKnish Corp (US), accounting technology platform with solutions for e-commerce, supply chains and communications.

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EUR 120,000 in prizes will be distributed between the six winning projects: EUR 30,000 for the three winning start-ups (EUR 10,000 each) and EUR 90,000 for the three winning upscales (EUR 30,000 each). Winners will also join Santander X 100, an exclusive and global entrepreneurship community for top Santander X projects that connect them with the resources they need to grow, such as advice and training, capital, customers, talent and networks.

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