<aside> đź’ˇ Welcome to Global CBDC Challenge! Here is everything you need to know about the Challenge. https://hackolosseum.apixplatform.com/hackathon/globalcbdcchallenge

đź”´ We are thrilled to announce the 3 winners for the Global CBDC Challenge. Check out the official Press Release and watch their pitches.

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About the Challenge


A retail Central Bank Digital Currency (CBDC) built for next-generation financial rails has the potential to increase payment efficiencies, improve financial inclusion and support the broader digitalisation drive in the economy. The Global CBDC Challenge launched by the Monetary Authority of Singapore, in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development (OECD), seeks innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion.

The Global CBDC Challenge is open to everyone and anyone around the world. We welcome submissions from individuals or teams (teams may comprise of members from different organisations). Up to 15 finalists will be selected to network with global leaders / industry experts and be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions. The Sandbox will offer a comprehensive test and development platform that includes core-banking APIs from APIX, payment APIs from Mojaloop Foundation, digital currency APIs from Mastercard, Partior and R3, and more than 100 APIs provided via the APIX marketplace. Participants may also engage the Hyperledger global open source developer community for support and collaboration technologies. Additionally, Amazon Web Services will support finalists by providing access to the AWS platform and AWS promotional credits. [Note: These Technology Partners have made their technologies available for finalists and provided suggestions to accelerate the development of your solution. However, utilising the Technology Partners’ provided sandbox or technology is not mandatory. You can opt to submit your proposal entirely using your own solution or a permutation of technologies provided by more than one Technology Partner. These technology partners are independent of the judging process.]

Finalists of the Challenge will have the chance to pitch their solutions to the global audience at the Demo Day to be held at this year’s Singapore FinTech Festival in November 2021. Up to three winners will be selected to receive S$150,000 in cash prizes.

Organised by

In Partnership with


Supported by

Click on each gallery tile to find out more about the Technology Partners and the respective technologies they will be providing

Technology Partners & Documentation

*Note: It is NOT mandatory to use any of the above technologies for the Challenge proposal submission. Participants are encouraged to propose solutions that best address the problem statements.


Challenge Information

Past Masterclasses & Webinars