First Blockchain Hackathon in Việt Nam launched

HCM CITY — The first blockchain Hackathon in Việt Nam with the theme “Vietnam Blockathon – Building Blocks to Vietnam’s Future” is being held this month in Hà Nội and HCM City, aiming to create widespread public awareness and engagement with blockchain technologies and nurture an emerging Blockchain ecosystem in Việt Nam.

The Vietnam Blockathon is backed by more than 10 world-class mentors and trainers and features one week of intensive Blockchain training, a 36-hour competitive challenge, cash prizes and rewarding incubation opportunities.

The on-board training week is backed by first-class mentors that inspire and empower the community to address chronic challenges in Việt Nam using blockchain applications.

The blockchain training week covers engineering, business analysis and product development. At first, 15 teams (2-5 members per team) will advance to the competitive challenge round, during which each team will have 36 hours (from 8pm on November 24 to 8am on November 26) to deliver a proof-of-concept and later pitch to a group of expert judges.

Three to six teams will be shortlisted and entitled to a collaborative incubation programme within the National Fintech Challenge programme.

Winning teams will be entitled to VNĐ100 million in cash after the Hackathon and up to a VNĐ100 million prize following the incubation round. Winning teams also experience valuable engagement with first-class mentors, trainers, investors and partners to realize their blockchain proof-of-concepts.

Registration for the Blockathon began in early November and will close on November 16 at 11:59pm.

The first Hackathon of its kind in Việt Nam is organised by Infinity Blockchain Labs in collaboration with top-notch Fintech and technology players, including Mekong Business Initiative, Saigon Innovation Hub and FinTech Club Vietnam. — VNS