The Future of Money Design Award 2018
The Future of Money Award has been running since 2009 and was created to develop links between the financial industry and creative practitioners from around the world. This is achieved by awarding the opportunity to present thought-provoking ideas to a group of financial experts and industry leaders, during Tomorrrow’s Transactions, the 20th annual Consult Hyperion Forum in London.
Arguably there has been no greater time of financial uncertainty than today and no greater need for fresh ideas and imaginative insights which help inform, suggest and question our current technological, social and cultural direction.
The competition will run in two phases.
FIRST PHASE – Initial Idea
Please submit an overview of your initial concept. Preferred format = PDF. Maximum 3 pages communicating the concept and examples of previous work (website or PDF).
Deadline for submission 16th March 2018
Send entries to email@example.com
SECOND PHASE – Project Development
Shortlisted entrants will receive £600 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
Artificial intelligence (AI)
This year, the FOM awards challenge you to imagine a socially beneficial way 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. For instance, could an AI help the little guy unwrap and reclaim their overpaid tax? Or fight the algorithms behind price fluctuations in online shops? Or somehow act as a leveller against powerful but socially destructive institutions? Or could an AI bridge the gap between value in reality and its sometimes distorted monetary representation. (These are just a few examples, yours will be better
Be bold, ambitious and inventive.
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. Shortlisted projects £600 each for project development. Winners will receive a FOM award and shortlisted entries will also be uploaded to the Future of Money archive.
For more information click "LINK TO ORIGINAL" below.