Banco Santander is inviting startups and scaleups to compete in a blockchain challenge.
In Brief:
The challenge is open to 11 countries and involves a cash prize.
Firms are being asked to address specific problems such as user privacy and security, and expanding digital interactions.
The challenge is in partnership with Oxentia Foundation, an innovation consultancy.
What does this mean?
The challenge is open to companies from Germany, Argentina, Brazil, Chile, the US, Spain, Mexico, Portugal, Poland, the UK and Uruguay.
Firms that enter the competition have the chance to pitch their ideas for cash prizes and join Santander’s “X 100” programme which is a community of startups.