Multinational technology firm IBM is among the sponsors of a forthcoming India-based hackathon set to focus on bitcoin, the blockchain and FinTech.
Called HackCoin, the two-day event is scheduled for 1st and 2nd August at the Bombay Stock Exchange (BSE). Presented by Zone Startups and local bitcoin advocacy firm Bitstreet, the event will engage participants on themes including Big Data, payments and the digital experience.
The aim, according to event press materials, is to introduce more developers to the bitcoin and wider blockchain ecosystem, as well as the available APIs from major providers.
Bitstreet founder Raunaq Vaisoha explained that HackCoin’s choice of venue proved key to its ability to attract sponsors. Notably, Zone Startups is formally affiliated with the BSE Institute, a subsidiary of the parent stock exchange.
Vaisoha told CoinDesk:
“When planning the event in India, I managed to secure the Bombay Stock Exchange as a venue, this detail along with the value add of bringing together the much demanded blockchain community generated enough buzz to attract the sponsors.”
HackCoin is seeking participants well-versed in PHP, Python and SHA, as well as more general skill sets such as HTML and entrepreneurship. Prizes will include a variety of gift packages, as well as pitch opportunities for the event’s most compelling projects.
IBM has previously explored blockchain technologies as part of its Internet of Things (IoT) program. First revealed in January, ADEPT leveraged smart contracts provided by Ethereum and the bitcoin blockchain to envision systems by which smart appliances might be able to be more efficient.
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