On Tuesday, August 11th, 2020, RSK, the Bitcoin side chain, has announced the support of IOVlabs for the “Post Covid Hack 2020”, a global online blockchain hackathon, on its official channel. Here, teams from all over the world will develop open solutions to cope with the health, economic, social and data protection challenges of the post-Covid-19 era.
2020 brought challenges that require dynamic and creative solutions. That’s why IOVLabs is proud to sponsor this hackathon. Take a look at the possible use cases of #RSK sponsored by IOVLabs in line with socio-economic inclusion: https://t.co/ybPJzpn7kY
– RSK Spanish (@rsksmart_es) August 11, 2020
One of the main stretches of the hackathon is Enable Financial Inclusion, run by IOVlabs, a Gibraltar registered blockchain company. Creation of cost-effective, highly secure and user-friendly platforms for the new world economy and focus on developing various implementations of RSK Blockchain and RSK Infrastructure Framework (RIF).
The hackathon was organized by Indorse, a platform for adapting technology skills, and Consilium based in Gibraltar, an investor and advisor supporting early-stage blockchain technology companies and the digital token economy.
This online proposal should take place from July to November 2020. The first online meetings for hackathon partners took place at the end of July. The post-Covid hack was started on Tuesday, August 10th, 2020.
The Post-Covid-Hack 2020 is a global initiative that aims to bring together around 200 participants from around the world to mobilize the coding talent of the blockchain communityto develop innovative open, approval-free solutions and accelerate the post-Covid-19 recovery process.
The proposal will be implemented through socio-economic inclusion pathways. These top hackathon hints include: Health, Privacy and Security, Crypto and DeFi, User Experience, Gamification, with additional information suggested by the sponsoring partners.
Gaurang Torvekar, Executive Director of Indorse, and Eddy Travia, Executive Director of Consilium, will be judging the event in the judging of the Post Covid Hack Presentations, which will award $ 25,000 in prizes.
The chronology of the event is structured as follows: in August, participants receive online webinars before the hackathon, then the online hackathon, which takes place between August and October, the month of November for the delivery and evaluation of projects by the judges.
In addition to the government of Gibraltar, other hackathon partners include RSK, the creator of Bitcoin smart contracts, and Tribe Accelerator, a blockchain startup accelerator designed to drive collaboration and growth in disruptive technologies.
Know the people involved
RSK is the first intelligent contract platform secured by the Bitcoin networkThis enables decentralized applications that are protected by the Bitcoin network to empower people.
The complementary platform, RSK Infrastructure Framework Open Standard (RIF OS), scales these technologies and simplifies the use of a decentralized infrastructure for every traditional or blockchain developer, organization or innovator.
Concilium is a venture investor and advisor supporting early-stage blockchain technology companies and the digital token economy. In March 2019, the company moved its central operations from London to Gibraltar, identifying the jurisdiction as one of the most advanced for regulating and licensing companies using distributed ledger technologies.
Use their experience and extensive network to invest in leading blockchain projects such as RSK / IOVlabs, Indorse and Blox.
Consilium’s shares are traded on the AQSE Growth Market, the primary market for unlisted securities operated by the Aquis Stock Exchange, an investment exchange recognized under the Financial Markets and Services Act of 2000.
The other person in charge of the initiative is Endorse, A skills validation platform that helps companies find the talent they need faster. Unlike other platforms where users can claim skills without proper validation, Indorse ensures that users’ skills are assessed and validated by a group of experts. This platform uses the latest technology and provides information on the candidates’ competencies.
Post Covid-19 blockchain technology
The challenges arising from the current crisis around the world have shown that some of the established systems are incapable of dealing with a pandemic like Covid-19.
Blockchain technology is one of the industries that has actively provided solutions to some major problems in the supply and demand of products. This situation has impacted the logistics of large retailers and bulk consumer companies reviewing their chains and forcing them to reconsider each of the links.
The Post-Covid Hack 2020 will bring together blockchain teams, developers and protocols of this technology from around the world to develop, collaborate, collaborate, learn, innovate and develop decentralized and innovative open source solutions for health and social Post-Pandemic Privacy Challenges and Economic Benefits.
The hackathon joins others currently running around the world, particularly in the Latin America region where we’ve already seen bets similar to the ones IBM recently made.
The Behind The Code marathon enables Latam developers to compete using technologies like Blockchain, a virtual coding competition that seeks solutions to real business challenges posed by disruptive technologies available on the IBM Cloud.
In addition to the current event hosted by RSK and IBM, the Massachusetts Institute of Technology (MIT) School of Business Administration and Management recently organized a similar event titled Latin American vs Covid-19 to address innovative solutions to address the crisis .