The Rise of Virtual Hackathons: Tackling Blockchain Challenges Online
TAIKAI CEO, Mário Ribeiro Alves, told Cointelegraph that lately the platform has been drawing attention from blockchain companies interested in launching virtual hackathons. According to Alves, virtual hackathons will play an important role in developing the blockchain ecosystem, since they can be highly effective for building out useful technologies over time: Although virtual events may pose limitations when it comes to networking, the blockchain community in particular has a unique opportunity to solve the challenges that come along with emerging technologies.
In addition, South-Korea’s largest public blockchain, ICON (ICX), is currently hosting a two-month long virtual hackathon called “ICON Hyperhack,” intended to encourage developers to build DApps on the ICON protocol. Block.one’s director of developer relations, Serg Metelin, told Cointelegraph that as COVID-19 continues to change the world, blockchain can create new economic opportunities to combat rising challenges: On June 12, Block.one announced EOS Costa Rica as the hackathon winner for building a blockchain-based healthcare solution called Lifebank.