Judges to vote on blockchain for the first time

We are excited to announce that Horizon State in partnership with The RemTECH Awards and Yokip Consulting will be contributing a decentralized Voting Application on blockchain for judges to rate the entries and provably fair entry scoring. This will insure auditable voting transparency and that the judging was in fact independent. Judges will receive a single-use link to their email addresses for registration verifying their identities. Of course, to promote the ability for judges to vote freely and honestly, their ballots will remain anonymous by only recording the identity verification and not their actual identity. 

Our Judging Panel is made of highly qualified professionals with a proven track record in fintech and remittances thoroughly selected by The RemTECH Awards organization. The independent Judging Panel will be responsible for determining the award’s Category Winners and Mentions between March 31st to April 10th for The RemTECH Awards 2018.

Category Winners

The RemTECH Awards has six categories this year. They are as follow:

All entries must be submitted by March 30th 11:59:59 EST. Entries will have chosen a Main Category and a Secondary Category submitting different explanations as to why they believe their product should win each selected category. Main Category will be given priority to the entry, but if there is a category lacking submissions, an entry may be evaluated for their Secondary Category instead.


Judges will score entries for entered category based on the following judging criteria using a scale of 1 to 9 (with 9 being the highest):

  1. Originality, Creativity & Intent
  2. Functionality & Technical Qualities (how well does it work?)
  3. Ease of Use & Adoption (impact on end-user experience)
  4. Game-changer (potential impact in category and industry)
  5. Implementation & Performance ((go-to-market strategy and entries with track record will be rewarded)
  6. Sustainability & Potential for Growth (sound business model and market opportunity)

They will also score each entry’s popularity and RemTECH Popular Vote campaign efforts regardless of category using a scale of 1 to 5 (with 5 being the highest) in the seventh judging criteria.

7. Popular Vote Efforts (based on Popular Vote results and campaign efforts)


The highest possible score per category will be 59 points. A null vote can be declared in a category if the Judges consider no Entry seems to deserve the designation of “winner”. In case of a tie, two “winners” can be chosen for one category.

Award Mentions

Each judge is provided one opportunity (for the entire awards) to select an entry as a Mention that guarantees that entry receives recognition. If that entry does not win an Award Category, they will receive a RemTECH Award Mention. We provide this option to judges to protect the tyranny of the majority.  Judges will use this power highly selectively and do not have to award any of the entries with an Award Mention if they are not inspired to do so. They will also each provide an explanation as to why they selected the entry for a Mention.