Swiss Blockchain Hackathon Set to Kick off Soonby Fintechnews Switzerland August 27, 2021
The Swiss Blockchain Hackathon will take place from 29 to 31 October 2021 and will be held as part of the NTN Innovation Booster – Blockchain Nation Switzerland.
The multi-year funding programme was initiated by the Swiss agency for innovation promotion Innosuisse.
Together with the consortium partner Trust Square, the hackathon will be organised simultaneously at various locations in Switzerland in a hybrid format.
Around 500 developers and innovators from Switzerland and abroad are expected both on and offline to work on various tasks and compete for prizes.
The goal is to have developed working prototypes that offer solutions to real challenges after about 60 hours. The specific tasks will be published in the coming weeks.
Blockchain protocols Streamr, Velas, Algorand and NEAR, the licensed SEBA Bank with core competence in the area of digital assets and Bitcoin Suisse, the Swiss market leader in crypto-finance services, will support the second edition of the largest Swiss Blockchain Hackathon.
Blockchain protocols will provide developers with access to their platforms and corporate partners define industry-specific vertical challenges.
This way, the suitable applications can be constructed on the right platform. Participation for corporate partners is possible until the end of September and is free of charge.
Over CHF 100,000 in cash and non-cash prizes as well as paid-out tokens await as a reward.
In addition, the corporate acceleration phase of the NTN Innovation Booster will start afterward, in which the most promising ideas will be included.
This year’s Swiss Blockchain Hackathon aims to transfer the enthusiasm for decentralised technologies and the outstanding knowledge within the Swiss blockchain community to tangible applications and business models for various industries.
On the one hand, this will promote a sustainable technology ecosystem and, on the other, further strengthen Switzerland’s position as a leading location for research and development in blockchain.
Marc Degen, Co-founder of Trust Square said,
“The Swiss Blockchain Hackathon advances the application and acceptance of blockchain technology, not least by hacking feasible solutions for real issues within a very short time.
This helps Switzerland to expand its pioneering role in the adaptation of new technologies. We are proud of the Swiss Blockchain Hackathon – the last one was great fun, and we are looking forward to the second round.”