Blockchain Fintech News

Winners of Hedera20 Virtual Hackathon Chosen from Over 800 Competing Developers

One Year After Open Access, Hedera Now Processes 1.5 Million Transactions Per Day, Surpassing Ethereum

Hedera Hashgraph, an enterprise-grade distributed ledger platform, announced the winners of the Hedera20 Virtual Hackathon. The hackathon featured several challenges and ran for six weeks from May 1st to June 12th, 2020. Teams were challenged to solve issues surrounding digital identity, security, charitable giving, healthcare, climate change, and beyond.

Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group

Throughout the hackathon, over 800 developers built new decentralized applications (dApps) on the Hedera network. The challenge was to add trusted, high-throughput, fairly-ordered data to any application leveraging the Hedera Consensus Service (HCS). The aim was that any hackathon project should take advantage of some or all of the following HCS benefits: fair ordering, proof of action, and audit logs. Teams had the chance to win over $35,000 worth of prizes with the team who placed first landing an enormous $20,000 worth of hbars.

Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership

Judging the hackathon was a panel made up of five of the most qualified experts in the space — Bryan Gross, Principal Product Manager at IBM Blockchain Platform; Hitarshi Buch, Chief Blockchain Architect at CoE Wipro; Dr. Leemon Baird, Co-founder and Chief Scientist at Hedera Hashgraph; Ankur Jindal, VP and Global Head of Corporate Venturing and Innovation at Tata Communications; and for the social good category, Cassandra Vieten, Executive Director at John W. Brick Foundation.

Dr. Leemon Baird, Co-founder and Chief Scientist at Hedera Hashgraph, and judge of the hackathon, said, “It was great to be a member of the judging panel for the virtual hackathon, and to watch so many talented teams create and build on the Hedera platform. Developers did an amazing job of building creative solutions to address some of the biggest problems of our time. It’s exciting to see these dapps leveraging the Hedera Consensus Service, and demonstrating the potential for the future of the network.”

Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor

Related posts

BlueVine Announces General Availability of Business Banking with Checking, Payments, and Partner Integrations

Fintech News Desk

Vela Expands Fixed Income Offering with Fenics UST

Fintech News Desk

PayNearMe Partners With Trustly to Enhance Open Banking Technology

Business Wire
1