Blockchain
Klaytn Hackathon Kicks Off — Calling All Developers to Join
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- A six-week-long virtual hackathon taking place from April 12th to May 31st
- Inviting all developers worldwide for an opportunity to create blockchain services on the Klaytn public testnet Baobab
- Seeking to give equal access and chances to all interested individuals and communities beyond geographical barriers
Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, announced its first ever Klaytn Hackathon, which takes place from April 12th to May 31st, open to participants worldwide.
Klaytn Hackathon provides the participants with an opportunity to create BApps (Blockchain Applications) by utilizing the Klaytn public testnet Baobab, which was launched on March 29th. Unlike traditional offline hackathons, Klaytn Hackathon is an online competition where any individuals or teams around the globe can access and participate.
Any developers with great ideas for blockchain services can participate by registering on the official Klaytn Hackathon homepage at www.klaytnhackathon.com. Also available are other online community channels including the official Klaytn Reddit page (https://www.reddit.com/r/klaytn/) and the official Klaytn Developers Group on Facebook (https://www.facebook.com/groups/klaytndevelopers) where participants can share ideas and ask development-related inquiries.
The Klaytn developers, global crypto venture capitals and accelerators, and Klaytn’s initial service partners will participate as judges to select four winning teams and award prize money along with Klaytn’s token KLAY. The first and second place winners are awarded $7,000 USD and $5,000 USD respectively with KLAY. They will also be given the opportunity to attend TXGX, the technology-oriented forum organized by Ground X, which will take place in Seoul late 2019 (flights/hotel accommodations included). The third and fourth place winners will receive $2,000 USD with KLAY.Other participants that have submitted their final works can still receive 150 KLAY each. The winners will be announced on the official Klaytn Hackathon homepage in late June.
According to Jason Han, the CEO of Ground X, heading the development and operation of the Klaytn platform, “Our Klaytn Hackathon is designed to benefit passionate developers seeking to create blockchain services that can contribute to expanding the Klaytn ecosystem.” He added, “We are also keen to collect any technical feedbacks during the competition so that we can strengthen our platform before the Klaytn mainnet launch.”
Continuing its community building efforts, Klaytn plans to hold meetups to introduce the public testnet Baobab and the Klaytn Hackathon. The hackathon meetups will take place around various cities in Asia with the first meetup to kick off in Vietnam’s Ho Chi Minh City on the 25th. Next meetups will be in the Philippines and Thailand around late April to early May. Any questions or concerns can be submitted to [email protected].
SOURCE Klaytn
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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