{"id":21955,"date":"2022-08-08T16:08:00","date_gmt":"2022-08-08T10:38:00","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=21955"},"modified":"2023-12-18T18:42:01","modified_gmt":"2023-12-18T13:12:01","slug":"townsquare-wins-bengalurus-24-hour-blockchain-hackathon","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/crypto\/townsquare-wins-bengalurus-24-hour-blockchain-hackathon\/","title":{"rendered":"TownSquare wins Bengaluru\u2019s 24-hour blockchain hackathon"},"content":{"rendered":"\n

\u2018Building Future Cities,\u2019 a blockchain hackathon jointly organized by Startup Karnataka, Bengaluru South MP Tejasvi Surya, and CoinSwitch<\/a> concluded in Bengaluru on August 6, 2022. The 24-hour hackathon received more than 2,000 registrations, with about 150 teams fighting it out to present the best blockchain-based solutions to urban issues.<\/p>\n\n\n\n

Blockchain-powered solutions to urban issues<\/h3>\n\n\n\n

TownSquare\u2014a team that ideated and developed a blockchain-powered platform to address community issues\u2014emerged as the winner. TownSquare focuses on identifying civic issues and helping citizens vote on issues that need solutions.<\/p>\n\n\n\n

Marvelous, a project that plans to leverage blockchain to bring more transparency to the real-estate sector came second, while Tautotree, a project meant to improve the state of urban forestry, was declared the second runner-up.<\/p>\n\n\n\n

“It was inspiring to see young developers from different parts of the country develop blockchain solutions that address the real-world problems of Indians. At CoinSwitch, we believe this hackathon will kickstart an innovation cycle that will lead us to a blockchain-powered India,” said Vimal Sagar Tiwari, co-founder and COO, CoinSwitch.<\/p>\n\n\n\n

The 24-hour hackathon saw three other finalists, including he_Turing (a contribution acknowledgment project), Finoverse (a permission ecosystem for setting up an audit trail), and Naaleba (a transparent workflow between government officials and citizens using digital identities).<\/p>\n\n\n\n

Giving away the awards, Tejasvi Surya said, \u201cFor any country to progress, to be a superpower in the true sense, investing in foundational technologies and investing in emerging technologies is a non-negotiable policy requisite.\u201d<\/p>\n\n\n\n

The hackathon, which had a prize pool of \u20b96 lakh, focused on the futuristic side of blockchain implementation across India. Apart from the award-winning technologies, the event also discussed decentralization in areas such as energy credits, waste management, and vaccine distribution.<\/p>\n\n\n\n

FAQs<\/h2>\n\n\n
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What is a hackathon in Blockchain?<\/h3>\n
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A blockchain hackathon is a collaborative event where individuals or teams gather to develop innovative solutions using blockchain technology. Participants work intensively for a set duration, typically days, to create and showcase their projects. These events foster creativity, problem-solving, and skill development in the blockchain space.<\/p>\n\n<\/div>\n<\/div>\n

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What is a Web3 hackathon?<\/h3>\n
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A Web3 hackathon is an event where participants collaboratively develop projects related to Web3 technologies, which include blockchain, decentralized finance (DeFi), non-fungible tokens (NFTs), and more. These hackathons typically focus on leveraging decentralized protocols and blockchain networks to create innovative applications.<\/p>\n\n<\/div>\n<\/div>\n

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Why do we need a hackathon?<\/h3>\n
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Hackathons play a crucial role in driving innovation, skill development, and problem-solving while offering tangible benefits for personal and professional growth.<\/p>\n\n<\/div>\n<\/div>\n

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What is the main objective of the hackathon?<\/h3>\n
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Hackathons serve as a platform for intensive problem-solving, idea generation, and collaboration, contributing to the development of innovative solutions and fostering a culture of creativity within the tech industry.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

\u2018Building Future Cities,\u2019 a blockchain hackathon jointly organized by Startup Karnataka, Bengaluru South MP Tejasvi Surya, and CoinSwitch concluded in Bengaluru on August 6, 2022. The 24-hour hackathon received more than 2,000 registrations, with about 150 teams fighting it out to present the best blockchain-based solutions to urban issues. Blockchain-powered solutions to urban issues TownSquare\u2014a […]<\/p>\n","protected":false},"author":76,"featured_media":21994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[460,6530],"tags":[6467,6536],"class_list":["post-21955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news-2","tag-crypto","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-07-22T13:28:55+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Praniket Nayka\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/praniket\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4b22173b861c31fe922bbaf46c336561?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"Beginner","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Article Default Disclaimer"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/21955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=21955"}],"version-history":[{"count":5,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/21955\/revisions"}],"predecessor-version":[{"id":38096,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/21955\/revisions\/38096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/21994"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=21955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=21955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=21955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}