Electroneum, IBM’s Hyperledger, Gemini Trust, CryptoCompare and Consensys Codefi, among the winners of City AM’s 2020 Crypto Awards

Electroneum, IBM’s Hyperledger, Gemini Trust, CryptoCompare and Consensys Codefi, among the winners of City AM’s 2020 Crypto Awards

Circa 200 crypto and blockchain influencers, entrepreneurs and experts turned out to the event in London's business district despite risks and concerns over the COVID-19.

The show must go on, and so City AM’s Crypto Awards did despite the increasing COVID-19-related cancellations across the UK and around the world. James Bowater, the head editor of the city’s most-read business newspaper’s Crypto Insider edition, hosted what he said are the first of many Crypto Awards to come.

Some big names in blockchain and crypto projects won awards, including CryptoCompare, in the Community Enhancement category. Bitstamp received the Payment Service Provider Award. Electroneum, the Social Impact and Sustainability Award. Gemini Trust won the Digital Asset Custodian Award. 

Story image

 

The Deployment in Fintech Award went to Consensys Codefi. UK-based Coinpass received the Crypto Exchange Platform trophy. Marta Piekarska-Geater of IBM’s Hyperledger project received the Outstanding Industry Contribution Award. The Service Provider Award went to CMS Lay, while Zerion got the UX/UI Award. Outlier Ventures and Cygnetise won the Incubator/VC and Enterprise Blockchain awards, respectively. 

“I am really thrilled to see you were all able to make it despite the trying times,” said Mr. Bowater to an audience of about 200 crypto and blockchain entrepreneurs, experts, and influencers. He recalled that Crypto Insider’s journey began two years ago and has so far been “astonishing.”
The 697th Lord Mayor of London William Russell and Crypto AM
The 697th Lord Mayor of London William Russell and Crypto AM's Editor James Bowater.

The Lord Mayor of London William Russell was also present and delivered a humorous speech saying that being the 697th person in any role was not so cutting edge and that the first Lord Mayor appointed by Richard the First in 1198, Henry Fitz Ailwin, would have thought blockchain was some sort of new castle defense system.

On a more serious note, the Lord Mayor thanked City AM for supporting the Crypto Awards and emphasized that London is a world leader in financial innovation.

“We are the world hub for tech talent,” he added. “We have generated over 76,000 FinTech jobs and closed deals in the sector worth more than £2.9 billion in 2019, which helps us support regulation standards globally.”

The Lord Mayor said the London’s talent and global leadership in innovation “are reflected here today at the Crypto Awards,” which he said are the first of many more to come.

The buzz, the hype, and the energy were overwhelming, and the expectations that grown for weeks before the event was coming to its climax as Electroneum CEO and Founder Richard Ells took the stage to deliver his speech before the awards ceremony’s attendees.

Story image

 

He explained how cryptocurrency could help make a difference in a world where 1.7 billion people are unbanked, and half of the global population has difficulties accessing the digital economy.

“Electroneum, for example, has made it easy for people to earn cryptocurrency and through our AnyTask freelance platform that does not require sellers of tasks to have a bank account, hundreds of people are now supplementing their income. We’ve created a whole new way for people to buy technical skills at ridiculously low prices.” 
Richard Ells delivered the first (Community Enghancement) award to the CryptoCompare team.
Richard Ells delivered the first (Community Enghancement) award to the CryptoCompare team.

Mr. Ells spoke of the over 40,000 people who have signed onto AnyTask as sellers since the 13 February soft launch and spoke of the benefits to users who are unbanked and therefore do not have access to any other freelance platform.

 “There is a logo designer in Pakistan. He is unbanked, so he cannot use Fiverr. He is disabled, struggles with work, and he’s so excited to be on AnyTask,” Mr. Ells went on to say. “He’s been really busy since AnyTask went live, his skills are superb and charges only US$10 for a logo design. He is only one of loads of stories of people in developing countries who are benefitting from AnyTask.”

The 11 March 2020 Crypto Awards in London are a clear demonstration that cryptocurrency and blockchain are revolutionising the financial sector in a way that not even a global pandemic can stop.

The Times
The Times' Georgie Frost took the stage to announce the winner of the awards.

 

About Electroneum

Having attracted more than 4 million registered users in just under three years, award-winning Electroneum is making great strides toward becoming a top ten crypto in usability as just over 2,000 merchants, and service providers in over 140 countries around the world accept ETN as payment. It is arguably the only crypto with a mobile app from which users can top up their airtime and data in over 140 countries and electricity in four countries so far. More than 2.7 million app downloads have taken place. Approximately 200,000 mobile top-ups and nearly 300,000 app-to-app transfers have taken place with ETN by our Electroneum users. AnyTask is Electroneum's global freelance platform and has seen over 500,000 people register to the website as either buyers or sellers, with about 12,000 tasks listed across dozens of categories. AnyTask does not charge freelancers any fees or commissions. Electroneum is one of the world's first fully KYC/AML compliant cryptocurrency. It is also one of the few blockchain networks that are insusceptible to a 51% attack. It is one of the greenest cryptocurrency in existence and the only one to have launched its very own affordable US$40 smartphone designed for the needs of people in developing regions. It is currently the only cryptocurrency that has a direct collaborative agreement with two mobile network operators. It is presently the only crypto that works with NGOs as their trusted blockchain transaction validators. And the only cryptocurrency to allow for an in-depth examination for publication, and verification for public knowledge. Check out ETN Everywhere and ETN Donate.