Announcements Data Privacy Highlights wins a Citi Tech for Integrity award!

We’re delighted to announce that we have won a Citi Tech for Integrity Challenge award. won the prize from the Dublin leg of the challenge, which encouraged technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond.

The awards were announced at an event hosted by the International Monetary Fund (IMF) to highlight the crucial role technology can play in tackling corruption around the world, and were given to companies that offered solutions that merited additional recognition.

Our bid showcased as a product that can help deal with challenges as diverse as corporate governance, anti-money laundering and identity validation and passed through two initial rounds before we were selected for the demo day in Dublin.

There, we showcased a demo version showing multiple streams of data being uploaded to the app, with innovations addressing the specific ‘pain points’ being shared in presentation format.

These include using technology to analyse and identify patterns of fraudulent health insurance claims, and leveraging emerging technologies such as blockchain to create digital identities for the large population of people, such as refugees, who do not have legal identity papers.

At the demo day, demonstrated how our product can be used to:

  • enable governments to efficiently and effectively identify refugees who have had to flee their home countries without identification papers. Their account is effectively an audit trail of their online life and therefore a way to identify both them and their circumstances, as well as reducing costs and waiting times for immigration departments.

  • enable insurance companies to reduce insurance fraud, with a knock-on effect of reducing insurance premiums for consumers

  • enable governments and NGOs to identify the correct individual recipient of any offered support, using their account to validate who they are and audit what was received. This method could be used for goods, vouchers or financial support whether beneficiaries are present or not.