The Mother City plays host to an intriguing blockchain-focused event this week, with the grande finale of Block.one’s EOS Global Hackathon kicking off in Cape Town.

This grand finale is the completion of a series of events which have taken place on five continents across the globe, along with involving an estimated 1 724 participants. Now 19 teams will be competing in the finale, with the winner walking away with a prize of $500 000.

Leading up to the announcement of the winner on 7th December, the EOS Global Hackathon also plays host to a series of themed sessions and talks which organisers are calling Incubation Week.

As for the winning team, it will be chosen based on whether it has a sustainable business model that can grow with outside investment, if it has a market large enough to succeed, the feasibility of its use as a scalable blockchain business, the quality of the presentation pitch and demo and its real-world application and the ability to solve an existing problem.

“We believe blockchain will redefine the Internet and society,” says Block.one’s president Rob Jesudason.

“EOSIO will ease the path to adoption of blockchain technology by creating a system that makes doing business more safe, secure and transparent. The potential to change existing centralised models of commerce and communication is exponential,” he adds.

The teams competing in the finale are:

Kenya

  • Africonnect – A peer-to-peer blockchain platform that allows SMEs to merge into larger entities.
  • B-TAX Project to build a new financial ecosystem that aims to eliminate corruption by guaranteeing greater transparency in the tax system using blockchain.
  • Ubuntu Energy Ledger A decentralised energy data trading platform that allows small and surplus African solar energy producers to contribute to the grid.

San Francisco

  • NouGit – Bounty-based decentralised version of a git repo, a system for tracking and co-ordinating changes to source-code in files and software.
  • Pollinate – A blockchain last-mile package delivery system with a built-in reward mechanism.
  • Six Degrees – Reward-based program through which people can leverage personal and professional connections to refer candidates for jobs.
  • EOS EBT Food Stamps –  Decentralised energy exchange that lowers energy costs and allows individuals on food stamps to use them to shop online.

London

  • EOShield – An application that can protect consumers from malware through a blockchain-based verification and blacklisting process.
  • Chestnut – A smart bank account project designed to help protect funds from cyber criminals.
  • On The Block – A blockchain application that simplifies credit-checks by removing third-parties.
  • Geneos – Blockchain project that aims to incentivise individuals to donate genomics data in a secure, anonymised way to further research into Alzheimer’s disease.

Sydney

  • SmartPress – An application on EOSIO that allows users to build and deploy smart contracts without writing code.
  • TrueOrigin – Blockchain application that decentralises agriculture data to ensure ethical and sustainable practices in supply chain.
  • TokenTree – Gamified app designed to empower Millennials to be more engaged in the fight against deforestation in Australia by nurturing and tracking tree life cycles.
  • Jarmbi – An EOSIO game that aims to help protect endangered animals through incentives.

Hong Kong

  • IDPASS – A decentralised blockchain self-sovereign identity solution stored on a hardware card that utilises retina scans.
  • BlockFlare – Crowd-sourced, decentralised anti-DDoS platform that guarantees DDoS mitigation through a novel protocol based off of proof-of-work and Tor routing.
  • Ducatur – A project to build the first decentralised exchange that supports both EOS and Ether, and with the speed of Binance.
  • Smart City Steroids –  A project to create transparency and accountability in public tender systems in smart cities in India.
[Image – CC 0 Pixabay]