The sex thu ko cheBank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners of their jointly organized G20 TechSprint competition last week during a live award ceremony in Jakarta.
This third edition of the TechSprint aims to catalyze the development of central bank digital currency (CBDC). Twenty-one finalists from more than 100 applicants worldwide developed and submitted innovative best-in-class CBDC solutions.
Dragonfly Fintech Pte. Ltd. from Singapore won the coveted “Effective and robust means to issue, distribute, and transfer CBDCs” category ahead of about 100 participants globally, including some Fortune 500 companies.
The other finalists for this category included BitMint, FIS, Mastercard Asia Pacific, R3, Ripple, Roxe CBDC, and S.e.A.(Stellar, eCurrency, and ANZ).
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