Blockchain-as-a-service (BaaS) platform SIMBA Chain won the New Tech Product of the Year award during TechPoint’s 20th annual Mira Awards gala honoring the best of tech in Indiana.

Photo credits: Paul D’Andrea

Gartner predicts worldwide information security spending will grow by another 8.7% and top $124 billion. The 2019 Mira Awards judges have selected blockchain-as-a-service (BaaS) platform SIMBA Chain as New Tech Product of the Year.

The judges selected SIMBA Chain because it is a new category of product, it solves an important global problem, and reduces the complexity of blockchain to just four simple steps. The judges believe SIMBA Chain is on the cusp of significant growth due to the revolutionary nature of what they have built and the multitudes of other products that will be created on the platform. The platform has the potential to be a transformative technology with wide-ranging implications for many sectors such as healthcare, banking, manufacturing, and more, and could be instrumental in reimagining new categories of products and services.

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Photo credits: Polina Osherov Photography