Crime, whether we like it or not, is a driving force behind a large proportion of technological ‘progress’. In 1817, a burglary at a British dockyard led the government to start a competition, challenging locksmiths to invent an unpickable lock. The result was the Chubb detector lock, and it remained ‘unpicked’ for 33 years.
In the past, adding another lock, or increasing the wall thickness of a safe was the obvious solution to deter theft. However, money is no longer physical, it is now predominantly a data set shared via telecommunications, secured via encryption, transacted via smartphone or exchanged into V-bucks. As our money becomes completely electronic, new crimes will undoubtedly be committed, which take advantage of the technology itself or the social conventions on which it rests. Perhaps if we could imagine what crimes might happen, we could start to think about how to prevent them.
What financial crimes could be committed within a completely electronic marketplace?
We invite creative practitioners to employ a speculative design approach and design a future financial crime. A crime which utilises a new loophole, a change in social convention or specific technology development.
(Note - Do not commit a real crime! This competition is only interested in the ‘speculative’ i.e. the potential, not a real world investigation or intervention)
The competition will run in two phases.
First phase – initial idea
Please submit an overview of your ‘future crime’ concept with illustrations as a PDF. Maximum 3 pages communicating the concept and examples of previous work (website or PDF).
Deadline for submission 5th April 2019.
Send entries to FoMAward@money2020.com.
Second phase – project development
4 shortlisted entrants will receive €1000 each to develop their idea and produce a short video. The videos and concepts will be presented and judged at Europe's largest FinTech event, Money20/20 Europe, taking place on 3rd to 5th June 2019 in Amsterdam.
The Grand Prize
€3000 for the winner
€1000 each for project development.
The shortlisted entrants will have the opportunity to present their concepts at Money20/20 Europe to an audience of financial experts and industry leaders, where the Grand Prize winner will be chosen.
Deadline for entries: 5th April 2019
Shortlist announced: 12th April 2019
Shortlisted videos completed: 22nd May 2019
Videos presented at Money20/20 Europe: 3rd - 5th June 2019
TitleOpen Call: DESIGN A FUTURE FINANCIAL CRIME
TypeCompetition Announcement (Ideas)
Submission DeadlineApril 05, 2019 10:41 AM
VenueMoney2020 conference, Amsterdam