Blockchain venture, Sweetbridge, is one of six shortlisted startups for UK logistics provider Wincanton’s W2 Labs innovation programme.
It will now work with senior Wincanton sponsors over a 12-week period to refine and adapt its business proposition. Successful ventures will get the opportunity to sign a commercial agreement with Wincanton and potentially receive a financial investment in their business.
This is the second year that the company has run W2 Labs, which is organised in partnership with LMarks. Further details here.
“So far, thinking beyond the whitepaper and ICO fund raise, avoiding fast money (the project did not pay for one influencer to write up on it in a crypto world where everyone was shelling out), spending millions on regulatory compliance and legal advice, engaging with the SEC, and moving in the complete opposite direction to the rest of the market has worked well,” says Sweetbridge’s CEO and Chairman Scott Nelson.
Sweetbridge is also one of three projects to be accepted into the Arizona Financial Technology Sandbox, and a winner of the Lufthansa SAP Blockchain Aviation Challenge.
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