Meet the Indian students who won Dh1 million award at World Government Summit 2023 in Dubai

Meet the Indian students who won Dh1 million award at World Government Summit 2023 in Dubai

Dubai: Students of the Indian Institute of Technology (IIT) Indore, India, won Dh1 million by clinching the gold medal at the ‘Global Best M-GOV Awards’ ceremony at the World Government Summit (WGS 2023) in Dubai on Monday. The creators of the ‘Blockbill’ app and other winners received the prestigious awards from Egyptian President Abel Fattah Al-Sisi. Speaking to Gulf News after winning the award, the gold winners Niyati Totala and Neel Kalpeshkumar Parikh said Blockbill is a blockchain-based receipt generation app providing users with digital receipts for all their transactions. “There are multiple problems that this app is solving and it is a sustainable solution,” said Totala. The app helps move away from the production of thermal papers used for printing receipts. “These papers cannot be recycled or disposed of in the normal way and they’re also harmful for your health with continuous contact,” said Parikh. The app also offers data transparency and security as it uses blockchain, she said. “The receipts cannot be altered once made. Once digitised, then organising your receipts and sorting them become easier not just for the vendors, but also for the customers who want to manage personal finances. The businesses can also cut back