CODE_n CONTEST 2018 winner: Boston-based Airfox with its blockchain finance app for micro-loans (FOTO)

Stuttgart (ots) -

- Picture: http://www.presseportal.de/bilder -

The Boston-based start-up Airfox has developed a revolutionary
micro-loan program using blockchain technology. Their Android app
enables people across the world who have no or limited access to
credit institutes to get a loan simply by using a smartphone. Airfox'
solution won over the CODE_n CONTEST judging panel and was declared
the winner of the "Overall CODE_n Award" at the Award Show on Tuesday
evening endowed with a prize money of EUR15,000. The company was also
awarded with the prize in the "Best Business Model" category.

"This is our first time really being able to get out of the US and
being able to share our mission with the European community. This
whole experience has been so amazing for me and for Airfox", Katie
Sedat, Head of Marketing, Airfox.

Pioneering business models The CONTEST was held as part of the
new.New Festival 2018 at which everything revolved around
"Intelligence X.0". 50 start-ups presented their business models to
an international audience.

Each winner of the three categories "Best Business Model", "Best
Tech Innovation" and "Best Industry Disruptor" receives prize money
of EUR5,000. Winner of the "Best Industry Disruptor" category was the
German start-up thingsTHINKING which develops semantic software
solutions that enable computers to understand human speech. The
Israel-based start-up Six Degrees Space won out in the "Best Tech
Innovation" category. Its innovative optical tracking system
technology is setting new standards in terms of speed and precision.

"Selecting the finalists from over 300 applications was no easy
task. All finalists are operating at an absolutely top-class level -
technologically, economically or in terms of their vision. I am very
pleased to be able to congratulate the winners from Karlsruhe,
Jerusalem and Boston on their pioneering business models," declares
Moritz Gräter, Managing Director of CODE_n.

CODE_n is a cross-industry innovation hub for entrepreneurs and
established companies. The focus is placed squarely on promoting new,
sustainable digital business models. www.newnewfestival.com

Contact:
Lena Gaede
CODE_n Communications
Tel.: +49-711-219-505-91
Email: press@code-n.org

Original-Content von: CODE_n, übermittelt durch news aktuell