Running since

2009

and created to develop links between the financial industry and creative practitioners from around the world, this year the

Future of Money Design Award

challenges you to imagine a socially beneficial way Artificial Intelligence (AI) could be used in the context of payments. An AI that holds the possibility of new hopes or dreams. A technology to empower the people, not enslave them or make them redundant. An Artificial Intelligence that will empower the disadvantaged when it comes to money.

The competition will run in

two phases

:

• Submit an overview of your initial concept. Preferred format is PDF. Maximum 3 pages communicating the concept and examples of previous work (

website or PDF

).

• Shortlisted entrants will receive 600 GBP (

approx. 830 USD

) each to develop their idea and produce a short video. The videos and concepts will be presented at Consult Hyperion's

Tomorrows Transactions forum

, which takes place on the

24th – 25th April 2018

.

There is no entry fee

.

Eligibility

Open to everyone worldwide.

Prize

The top three entrants will have the opportunity to present their concepts at the

Tomorrows Transaction

forum to an audience of financial experts and industry leaders.

Moreover, winners will receive a

Future of Money Design Award

and shortlisted entries will also be uploaded to the

Future of Money

archive.