The 2019 edition of the Challenge received 700 applications from 79 countries around the world since its launch last January.
The judging committee shortlisted 20 entries to compete in the Challenge after completing the preparation and training phase with the DFA.
In the final stage, finalists gave detailed presentations showcasing the Blockchain solutions and projects they had developed.
Three entries were then selected as the winners, receiving a total of $45,000 in monetary prizes. Quantstamp from the USA won first prize, while Igrow from Indonesia, and Grayblock from Canada, won second and third, respectively.