$25k in Prize Money at Distributed: Trade Conference Blockchain Hackathon
SixThirty and BTC Media have announced a 24-hour blockchain Hackathon to be held in St. Louis, Missouri on June 12-13, 2016, the day before the Distributed:Trade conference, a forum to address how blockchain technology will disrupt and optimize trade networks and financial services, which they have organized. A total of $25,000 in prize money will be awarded at the competition, which will focus on blockchain applications for financial services and supply chain operations.
Competing Hackathon teams will be required to build applications that optimize global commerce by addressing key points in payments, supply chain management, data security and trade finance. The event will be held at T-REX, in downtown St. Louis, which incubates technology start-ups and provides resources to entrepreneurs alongside community and working experience.
Dr. Patricia Hagen, President of T-REX, remarked: “We are excited to host this Blockchain Hackathon in partnership with SixThirty. One of T-REX’s premier resident accelerators, SixThirty is a national and international leader in finding and funding cutting-edge financial technologies. The Blockchain Hackathon is a result of great partnerships and a demonstration of T-REX’s role as a hub of technology innovation in St. Louis,”
$20,000 will be awarded as a Grand Prize to the team who creates the best application related to the exploding opportunities for blockchain solutions in trade-related industries. Deciding the winners will be a panel of judges including Blockchain Capital, Fenbushi Capital, Tally Capital along with technology executive Tom Niermann and Bitcoin Core developer Jeff Garzik. Competing teams will include students from MIT, Harvard, Cal Berkeley, Wellesley, NYU and Washington University in St. Louis.
BTC Media CEO, David Bailey commented: “This competition pits teams from corporate giants, blockchain start-ups and the nation’s top universities against each other on a level playing field. The Hackathon is an amazing chance for these brilliant students and other innovators to come together and make world-changing discoveries. People are coming here from all over the planet in search of the next big blockchain app – and someone is going to win that distinction.”