WaveX won the first place in startAD’s FinTech Venture LaunchPad organized by startAD in partnership with U.A.E Exchange and I.B.M. WaveX won I.B.M cloud credits worth $120,000 from I.B.M and got accepted into startAD’s Advance program.
WaveX’s peer-to-peer electricity project was successfully demoed and pitched in the Dubai Electricity and Water Authority’s Hackathon. After pitching WaveX secured first place in 10x Disruptive category.
This was the beginning of WaveX and transformation of an Idea into a proof of concept. In this blockchain hackathon we created our first version of peer-to-peer electricity trading. We were selected in top 9 finalist from 131 projects around the world.