London. 22nd March 2019 – Blockchain-based secure payments and identity platform Nuggets has won the FStech award for Blockchain Project of the Year, ahead of heavyweights like HSBC and Commerzbank. The victory puts the startup in impressive company, joining the likes of Thomson Reuters, Barclays, RBS and Virgin Money in the FStech Hall of Fame.
“We’re thrilled to have won this prestigious award,” says Alastair Johnson, Founder and CEO of Nuggets. “We were up against some incredible nominees. The fact we won against such titans of industry is evidence that businesses across a range of verticals recognise that the world of personal data has to change.”
The Nuggets platform combines biometric authentication, blockchain technology and zero-knowledge cryptography to put people back in control of their data, in an increasingly adversarial digital age. Users become the sole custodians to the keys of their own digital vault.
This award is the latest in a string of such victories for Nuggets this year, in both the public and private sectors. Most recently, it won Consumer Anti-Fraud Security System of the Year at the Payments Awards, was a finalist in the MoneyAge awards, and received public backing from The Mayor of London and the UK’s Department for International Trade. Co-founder and COO Seema Khinda Johnson has also joined the Innovate Finance Women in Fintech Powerlist, and been nominated for both the Women in Payments and Women in IT Awards.
Nuggets is developing partnerships with a number of banks, payment providers and services. It is also currently integrating its solution with Lateral Payments Solutions and with QFPay, the Chinese payment processor that serves over a billion users through the likes of Alipay and WeChat.