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Join us at our virtual Opening Event on 7th March 2023, to learn about the fund, about blockchain, and to connect. This event is for both those who could benefit from blockchain and those who can innovate with it. This Demonstrator Challenge Fund is your opportunity to collaborate and seek funding together.

Opening Event: Demonstrating the Potential of Blockchain

The blockchain community continues to grow in Wales and the ongoing global economic shift means innovation is needed more than ever. Blockchain technology has the potential to solve key cross-sector challenges but more evidence is needed to provide confidence for more wide-spread adoption.

To truly show the potential of blockchain, the technology needs to be demonstrated with real-world use cases. Whilst the community is growing, there is a gap between desire to innovate and the ability for organisations to prioritise research and development of blockchain technology to solve their key challenges.

This Blockchain Demonstrator Challenge Fund, supported by the Welsh Government, aims to fund innovative prototypes to demonstrate how blockchain can integrate with real-world data and systems to be used for economic, societal, and environmental benefit in Wales.

Are You An Organisation With A Challenge?

This is an opportunity for organisations, both public and private sector, as Challenge Owners to share their key problems with potential blockchain solution providers. In collaboration with your blockchain Innovator solution provider, you can apply to this Challenge Fund.

Are You A Blockchain Innovator With A Solution?

For this Challenge, we invite blockchain solution providers - Innovators - to identify and collaborate with a Challenge Owner to apply their skills and solutions in new ways to solve their key problems. These collaborative projects between Innovator and Challenge Owner can then apply to have their idea funded.


This blockchain Challenge fund invites organisations and blockchain innovators to collaborate on new solutions using blockchain technology. Up to 10 projects will be awarded funding to build a demonstrable prototype using blockchain technology and real-world data.

  • As this is a fully-funded Welsh Government programme, whilst it is open to participants across the UK and EU, one participant of each collaborative application has to be based in Wales.
  • This Fund is open to Challenge Owners and Innovators already working together, who need support to push their innovative ideas into the Demonstrator stage.
  • This Fund is also open to Challenge Owners and Innovators who aren't yet working together, to collaborate on new ideas and deliver a prototype.
  • Applications are open to participants who have previously received support to deliver feasibility projects and to new participants who can demonstrate stakeholder commitment.
  • Funding will be provided to the Blockchain Innovator to deliver a demonstrable prototype using real-world data, in collaboration with their Challenge Owner.

Join us at the Opening Event to learn more about the fund, discover the potential of blockchain, and network with fellow challenge owners and blockchain innovators in Wales and beyond!

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