TBD, a part of it blockannounced its launch TBD Hackathon, held in collaboration with Africa Bitcoin Conference.
Details
The hackathon is a competition designed to promote innovation, creativity and technological advancement of payments in Africa using the tbDEX open source protocol.
The submission period for this hackathon will be open July 31, 2024and closing on September 15, 2024. The hackathon is peaking 9-11 December 2024 in Nairobi, Kenya, at the Africa Bitcoin Conference.
Because this matters
The TBD Hackathon initiative aims to unleash the potential of African developers and innovators. The competition will bring together the best manufacturers and entrepreneurs to tackle problems in payment systems across Africa.
Currently, many African countries face challenges such as limited access to banking services, high transaction fees and inefficient cross-border payments. TBD’s open source trust protocol, tbDEX, aims to address these issues by connecting users with wallet providers and financial institutions of their choice, displaying competitive exchange rates and fees.
Hackathon Challenge
Developers across Africa will undertake the development of a payment application that leverages the power of tbDEX. Join this hackathon and develop a wallet app integrated with tbDEX. You will be provided with a sandbox of example PFIs (Participating Financial Institutions) to test the functionality of your application.
Participants will work in groups of up to two people and are expected to create their projects using it tbDEX SDK.
Six finalist teams will be selected and flown to Nairobi, Kenya to attend the Africa Bitcoin Conference and present what they have built to our panel of judges. The first three projects will be awarded prizes as follows:
- First prize: $15,000 in BTC
- Second Prize: $10,000 in BTC
- Third Prize: $5,000 in BTC
“We encourage developers, entrepreneurs and innovators from across Africa to participate,” he said Angie JonesGlobal VP of Developer Relations for TBD.
“Whether you’re a seasoned professional or a passionate newcomer, the TBD Hackathon is the perfect platform to build the next generation of financial tools for the continent.”
To register for the hackathon and learn more, Start here.
Stay up to date with news and other items on our WhatsApp Community Page, Twitter/Xand subscribe to our weekly newsletter to make sure you don’t miss any news.
Related