nanopay named 2019 Blockchain Company of the Year

nanopay Corporation joins community of Canada’s most innovative leaders

TORONTO, ON, November 19, 2019 – We are pleased to announce that nanopay Corporation has been named Blockchain Company of the Year.

The 2019 winners of the 5th Annual Canadian FinTech & AI Awards were announced yesterday, recognizing outstanding leadership in financial services, AI and innovation across Canada. The Awards Gala took place at the Royal York Hotel where over 660 people were in attendance.

“The Digital Finance Institute’s Awards recognize Canadian innovation and innovators in financial services and AI in Canada, and help promote Canada as a leading hub for technology innovation and research,” said Ellis Odynn, Executive Director of Digital Finance Institute.   

nanopay was up for nominations across multiple categories including Payments Company of the Year and ICICI Bank FinTech Company of the Year, taking home the trophy for Blockchain Company of the Year.  

“We are incredibly honoured to receive the Blockchain Company of the Year award. At nanopay, we continue to push the boundaries of innovation,” said Laurence Cooke, CEO and Founder of nanopay Corporation. “It’s encouraging that the industry recognizes we are building something truly unique. Our technology is a differentiator, and as a result, we offer one of the most scalable and secure platforms on the planet.” 

“nanopay winning Blockchain Company of the Year is a testament to the strength of our team. It’s rewarding to see our technology and our innovative product offerings being recognized at the national level,” said Kevin Greer, Chief Technology Officer at nanopay Corporation. “This is only the beginning, as we look to re-engineer the future of payments at the global level.”

nanopay’s platform is built using hybrid blockchain technology that combines the best features of blockchain and conventional databases. The main differentiator is that our blockchain is centralized and all information is stored within the blockchain This means all our data is secure and auditable, not just the transactions. The result–a secure, tamper resistant, high performance platform that is low cost and easy to use with powerful search capabilities. 

About nanopay Corporation

Founded in 2013, nanopay is a payments technology company based in Toronto offering business payment and liquidity products. We offer businesses a cost-effective and secure way to send both domestic and cross-border payments, and offer banks and their corporate clients a real-time intercompany liquidity solution to free trapped capital. Built on Centralized Ledger Technology (CLT), our platform delivers a high level of performance and resilience improving the visibility and security of payments. nanopay’s long term goal is to digitize money for central banks and offer the infrastructure to enable what’s more commonly known as Central Bank Digital Cash (CBDC). 

About the Digital Finance Institute (DFI)

The Digital Finance Institute is a think tank for financial technology, AI, law and innovation with three foundational pillars – financial inclusion, responsible innovation and supporting women in FinTech. Today, the Institute is run by Millennials, which we believe provides an important voice for leading Canada’s digital economy forward inclusively.

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