THELOGICALINDIAN - ARE YOU A BLOCKCHAIN ENTHUSIAST A HARDCORE CODER A DESIGNEROR JUST A HACKATHON OBSESSORIF SO JOIN THE DBS BLOCKCHAIN HACK FOR AN INNOVATIVE TWO DAYSOF EXCLUSIVE BLOCKCHAIN CHALLENGES AND API ACCESS FROM TOP FINANCIAL INSTITUTES AND SOME SERIOUS HACKING
Also Read: Colored Coins, What They Are and How They Work On The Bitcoin Blockchain
If you visit the DBS Blockchain Hackathon web page, this is absolutely what you are greeted with. The hackathon will accept a affair on April 16, 2015 to area attendees can discus account and get acquainted with one another. The capital accident will be on May 8-May 9 — 48 hours of authentic blockchain innovation.
The affair of the DBS Blockchain hackathon will be centered around this question: How can we use blockchain technology to accomplish cyberbanking casework added successful, blithesome and defended in developed and arising markets?
The purpose the hackathon is to accord arising startups the adventitious to angle their blockchain account and articles in advanced of board from DBS, IDA, Coins.ph, and Startupbootcamp FinTech.
The accident is sponsored by IBM, a ample in the technology space, which is abiding to accompany abundant attention. In affiliation with startupbootcamp FinTech, and accurate by Infocomm Investments amid abounding others, the accident will have plenty of abetment from companies absent to see Bitcoin succeed.
The blockchain is about a transaction database, befitting a almanac transactions. The blockchain consists of a continued alternation of blocks, appropriately the name. In anniversary block is a almanac of affairs that occurred aural those 10 minutes, up to 1 MB of transaction abstracts per block at accepted Bitcoin Core protocols.
But what makes it altered transaction databases in acceptable authorization systems is that the blockchain is not kept secret, and all users of Bitcoin accept their archetype of the blockchain, so they can verify affairs absolute of third parties.
While the blockchain is primarily for the purpose of almanac befitting at present, this does not beggarly it has to be bound to Bitcoin affairs only. Many altcoins accept taken it aloft themselves to innovate the blockchain, some of the best acclaimed ones are MasterCoin and Namecoin.
Namecoin is ambitious to architecture a decentralized internet after abuse or suppression, leveraging the blockchain to do all of the abundant lifting, for example.
Will you be accessory the DBS Blockchain Hackathon? Let us apperceive in the comments below!
Photo Sources: Pixabay, DBS Blockchain Webpage
To annals for the event: Registration
