Startupbootcamp Fintech, Singaporean arm of the London based Startupbootcamp Global Accelerator is organizing one of a kind hackathon/code fest. This hackathon’s specialty is its focus on blockchain technology.
At DBS Blockchain Hack, participants have to develop products related to banking and financial sector using blockchain technology. Blockchain technology is the soul of most of the cryptocurrencies out there. Without blockchain technology, there wouldn’t be bitcoin, as blockchain is what keeps a note of all transactions happening over the bitcoin network. DBS Blockchain Hack is scheduled on the eighth and ninth of May, at Startupbootcamp accelerator venue.
The event is focused on developing solutions for both emerging and developed markets. As a part of the challenge, participants will be required to create a solution focused towards either emerging markets (developing nations) or developed markets. For emerging markets, the goal is to provide financial services to the unbanked by using blockchain technology. Whereas, for developed market, the focus is on creating a better banking experience for the customers by using blockchain technology.
DBS Bank, along with IBM, Infocomm Investments, Coin Republic and Ideatory are sponsoring DBS Blockchain Hack. The winning team will receive a cash prize of $15,000, while the first and second runner-up will receive $10,000 and $8,000 respectively.
If you are a developer and interested in participating in DBS Blockchain Hack, then you can register yourself at this link. If you want to know more about the hackathon, get some ideas for the event or just want to keep yourself updated about the cryptocurrency sector – there is a meetup event just for you. DBS Blockchain Meetup is happening on 16 April at the same venue. Some of the speakers at the meetup will include Neal Cross, Andras Kristof, Dan Elitzer and Mikkel Larsen. You can register for the meetup here.