Overall Score: 6.22 / 9.00
Category Average Score: 5.78
Summary
SimbaPay Ltd. for their SimbaPay Chatbot received a Category Winner 2018 award for B2B Solution. They won this for scoring the highest overall average score determined by the RemTECH Awards judging panel. SimbaPay’s chatbot helps remitters without access to affordable mobile data plans use sms to send transfers. Their technology is also offered as a white label package to other telcos and banks. Perhaps these are the reasons, amongst the six judging criteria, they performed particularly well in “Originality, Creativity and Intent” and “Ease of Use and Adoption” scoring above average in these areas by more than 15 percent. Olivia Chow, RemTECH Co-Chair explains:
“SimbaPay’s Chatbot integrates new technology with the needs of the users by applying AI to SMS — all while making it white label for other businesses to use. These considerations made SimbaPay’s innovation stand out from the rest.”
Judges Scorecard
The judging panel used the RemTECH Awards 2018 voting decentralized application developed by Yokip Consulting with Horizon State technology, which stores each of the judge’s ballots on the Ethereum blockchain by category via a category-specific smart contract. The results for SimbaPay Chatbot are publicly visible for audit on the Ethereum explorer at the following B2B Solutions smart contract address. This data is unalterable. The judges and entries were assigned reference numbers to maintain their anonymity. We’ve decided to only reveal the reference numbers’ of the winners. SimbaPay’s Chatbot is 2cc4fc99-3533-49c6-8cf8-cf985813a654. The scoring from the judges are presented below for readability with additional averages calculated for analysis and to determine winners.
| Judge Average Score | Originality, Creativity & Intent | Functionality & Technical Qualities | Ease of Use & Adoption | Game-changer | Implementation & Performance | Sustainability & Potential for Growth |
|---|---|---|---|---|---|---|
| 5.3 | 6 | 5 | 5 | 5 | 5 | 6 |
| 6.7 | 7 | 7 | 7 | 7 | 6 | 6 |
| 6.0 | 5 | 6 | 7 | 5 | 5 | 8 |
| 5.7 | 6 | 6 | 5 | 6 | 6 | 5 |
| 6.3 | 7 | 7 | 7 | 5 | 6 | 6 |
| 6.0 | 7 | 6 | 7 | 6 | 6 | 4 |
| 4.5 | 4 | 5 | 5 | 5 | 4 | 4 |
| 8.5 | 9 | 8 | 8 | 9 | 8 | 9 |
| 7.0 | 7 | 7 | 7 | 8 | 6 | 7 |
Industry Choice Award
The RemTECH Awards is designed to showcase the latest in remittance innovation to the industry. SimbaPay will be presented their award at the ceremony, which is hosted at the Global Forum on Remittance, Investment and Development (GFRID 2018) organized by the Bank Negara Malaysia, the International Fund for Agricultural Development (IFAD), and the World Bank in Kuala Lumpur, Malaysia.
The SimbaPay Chatbot will also make it on to the ballot of the Industry Choice Award. All registered GFRID 2018 participants will have the opportunity to cast their ballot in this last part of the RemTECH competition. For the past ten years, the GFRID gathers Member States, international organizations, private sector, and civil society from different regions of the world with the aim of raising awareness, and promoting dialogue and collaboration between stakeholders over the most pressing issues facing migrant remittances towards sustainable development. GFRID 2018 participants will represent stakeholders in the remittance industry, particularly in Asia-Pacific, and will make for qualified voters in this final award.
The industry vote will also be using the Yokip Consulting and Horizon State blockchain voting application. In this version, the votes will not only be stored on blockchain but also will be tallied using the application without any additional human interference.
About The RemTECH Awards
The RemTECH Awards were created by IMTC Conferences to highlight the important role of technology in achieving United Nation’s SDGs. Since 2017, they showcase ground-breaking solutions that contribute to the development, transparency, speed, cost, and reliability of the remittance industry. The Director of the RemTECH Awards, Hugo Cuevas-Mohr, stated: “We are extremely happy to be a platform for companies, start-ups, and entrepreneurs who are changing the industry of remittances for good, to get global acknowledgement of their hard work. Remittances are a celebration of the hard work, sacrifice, and generosity of international workers, and we are very proud about highlighting people that will help the industry to better itself.”
For further questions, comments, and concerns on winner selection contact RemTECH Co-Chair Olivia Chow at o@yokip.consulting or on Twitter @OYokip
For press inquiries contact Marketing Coordinator Florencia Miller at florencia@imtconferences.com
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