Cryptocurrency enthusiasts and their underlying technology will have the opportunity to participate in a hackathon to be held on Friday, August 3rd, and Saturday, August 4th, in Santiago de Chile, during the Blockchain Summit Latam. The Chilean government sponsors this activity, along with companies such as IBM and ecosystem companies such as NEO (NEO) and ConsenSys.
The idea is that attendees can operate on any blockchain they wish and that the event serves to discover new cases of use of blockchain technology.
“This is perfectly in line with our mission as an institution. It’s the first time we’ve done a hackathon in the country,” said Julio Pertuze, in charge of the Future Economy area of the Chilean Ministry of Economy.
Participants will have the opportunity to work on the development of tools and ideas that will make the potential of this technology manifest.
The hackathon will offer the winners the opportunity to develop their projects on the blockchain technology they want during the Blockchain Summit Latam
“How can we apply blockchain technology to different use cases, related to what could be commercial transactions and even collective financing, outsourcing, ICOs, all enabled by blockchain technology,” Pertuze said.
Participants will have 18 hours to present their concepts, and there will be different thematic focuses, such as finance, health, international trade, and energy, among others. The winners from each area will participate in an acceleration program with a Chilean startup.
The co-founder of Mifutu and one of the organizers of the event and the Blockchain Summit Latam, Cristobal Pereira, explained that the winners would be able to create a Proof of Concept or the pilot of the idea they develop in the hackathon after three months of business and technical acceleration.
The goal is that the winners of the event will be able to present a viable product to develop a pilot test, evaluate the results and, if it is exciting and useful, implement it.
Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.