The winner of the first Hyperledger Hackathon for blockchain applications was announced yesterday. Programmers built a practical application for the storage of medical information, controlled and updated by medical experts and patients as owners of the data. This first blockchain hackathon was organised by ABN AMRO, IBM, Holland Fintech and the Linux Foundation. The event was held in Amsterdam on 1 and 2 October. The Hackfest in the ABN AMRO Innovation Centre is being held on 3 and 4 October.
From idea to application in 36 hours
During the Hackathon, teams of students, fintechs, start-ups, and staff from IBM and ABN AMRO built their own ‘application’ on the open source Hyperledger blockchain infrastructure. They could make use of the knowledge of the blockchain experts of the organising committee. At the end of the Hackathon, a jury assessed the teams’ efforts and the programmed applications, looking mainly at the value of the application to clients and business and its technical implementation.
A first in Europe
Blockchain experts will build on the Hyperledger infrastructure during the Hackfest on 3 and 4 October. This bi-monthly international event is being held in Europe for the first time, and this time the experts will make use of the experiences gained during the Hackathon.
The Hyperledger Project is a collaborative effort created to advance blockchain technology by identifying and addressing important features for a cross-industry open standard for distributed ledgers that can transform the way business transactions are conducted globally. The project was launched late last year by a group of businesses worldwide, including Accenture, Digital Asset Holding, Fujitsu, Intel, R3, SWIFT and IBM. ABN AMRO is a member of Hyperledger.
ABN AMRO and Hyperledger
ABN AMRO closely monitors the most important technological developments and experiments with new technologies independently and with third parties. Hyperledger blockchain technology has a great deal of potential. Collaboration with Hyperledger, IBM and Holland Fintech is yielding new insights and knowledge about this technology.