Austin’s First Blockchain Hackathon
It’s been nearly a month since Austin’s first ever blockchain hackathon officially ended. With over 60 participants hacking throughout the weekend, Austin has shown it has an appetite for blockchain technology, a developer community hungry to learn, and the entrepreneurial spirit to serve it up to industry! While local mobility company Moovel organized this hackathon to see how Austinites might solve transportation challenges, they were open to ideas of any type which utilized blockchain technology. Participants created prototypes solving issues in a wide range of industries, from peer-to-peer marketplaces to healthcare identity solutions. Only three teams, however, walked away as winners (and with a giant check to prove it):
1st Place — Monarch — Providing an identity building solution for the European migrant crisis
2nd Place — EscrowGo — Connecting carbon token trading with transportation for a greener mobility community
3rd Place — Factoid Maximalist — Blockchain based automotive certification process
While many attendees came just to practice working with this new technology, some teams meant business. At least three of the teams who participated in the hackathon are still working on their blockchain-based startups. For developers and entrepreneurs interested in the blockchain space, this is still the wild west with tons of market share up for grabs. Startups working with blockchain technology right now have the chance to truly get ahead of the curve.
Hopefully, the next(first) blockchain unicorn we see will come from right here in Austin.