2nd Yearly Bay BitHack Hackathon Yields New Bitcoin and Blockchain Apps

Last weekend, the largest collegiate Bitcoin and blockchain innovation hackathon was hosted in the San Francisco Bay Area. More than 50 impressive developers and entrepreneurs contended in the 2nd annual Bay BitHack, held at the Innovation Lab at the University of California, Berkeley on April 2-3. They were challenged to develop applications of the future of the method we take a look at money.The event was hosted through a partnership of the Bitcoin Association of Berkeley, the Lester Center for Entrepreneurship, the Blockchain Education Network and Major League Hacking. Andrew Tu, director of Bay Bithack, informed

Bitcoin Publication that the objective of the event was”to educate students about Bitcoin and blockchain innovation, foster cryptocurrency-related innovation in the Bay Location, and grow the local Bitcoin ecosystem.”The goal is in line with the three concepts of the Bitcoin Association of Berkeley, headed by fellow Berkeley student Max Fang. The event resembled the one last year except that it changed location, from

the Sutardja Dai Hall last year to the Berkeley-Haas Innovation Lab inside Memorial Stadium. This year the university’s company school was also represented and there were additional funding, mentorship and assistance to jobs that are built by Berkeley-Haas students.The early morning of the event began with workshops created to assist people and teams clarify their ideas and to teach

crucial skills for blockchain technology development. Fang’s discussion focused on what Bitcoin and the blockchain were to clarify students’understanding. Paul Puey, CEO of Airbitz, and Josh Cincinnati from BlockCypher provided and discussed their companies’API. Hacking began on April 2 at 12:30 a.m. and continued all night, or as late as teams wanted to continue, up until the next day at 12:30 p.m. Team demos and an awards ceremony followed.Students developed a commitment app for shops using Bitcoin, an insurance coverage platform utilizing shared consensus and the blockchain, an application for people to exchange loose modification for bitcoins, to name a few projects. The winning team was two high school students who created a wagering and prediction platform for League of Legends using the blockchain.Hacks were evaluated by a panel of professionals, based on creativity, functionality and a”wow aspect”that makes the task stand out above and beyond. There were no requirements for teams, except that everybody who participated be a student. “Schools hosting big Bitcoin events are a big deal, “Dean Masley, executive director of the Blockchain Education Network, said in a declaration to Bitcoin Magazine.” What the majority of people don’t understand is that blockchain is an unbelievably nascent industry with skill being less than 7 years experience at the extremely most. Annual occasions provide regional communities the infrastructure to develop their local interest groups into prominent centers of this brand-new market. By devoting resources to attract skill, schools like Berkeley are leading the method for other schools to develop blockchain organizations of their own to further this socio-economic experiment. “Tu described to Bitcoin Publication that”having MLH as a partner assisted develop Bay BitHack as a genuine hackathon, due to the fact that MLH is the official university hackathon league that approves almost every significant hackathon occasion in The United States and Canada.” To be inclusive of everybody, the club opted to keep the event totally free and

funded by industrial sponsors, all which are innovation start-ups in the Bitcoin and blockchain space. Coinbase, a Bitcoin wallet and exchange based in San Francisco, is the title sponsor of the event. Other sponsors consist of AirBitz, Purse, BlockCypher and BitMain. The post Second Annual Bay BitHack Hackathon Yields New Bitcoin and Blockchain Apps appeared first on Bitcoin Publication. Bitcoin Magazine

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