DLA Piper and BCW Group launch the “Enhancing Tokenization Functionality Challenge” on the Hedera21 Hackathon

Aakriti
Aakriti
Feb 3, 2021 · 2 min read

Real-world assets are now being tokenized on distributed networks across countless industry use-cases. Global law firm DLA Piper (Council Member of Hedera Hashgraph) and BCW Group (program partner of DLA Piper & Hedera Hashgraph) launched the Enhancing Tokenization Functionality Challenge for innovative teams that can digitize real-world assets by leveraging Hedera Token Service (HTS) to unlock the creative features that allow enterprise companies to tokenize their clients’ future businesses.

DLA Piper and BCW Group are on a mission to learn how HTS can be offered as a platform solution for the plethora of enterprise use cases we look to tokenize with ​TOKO — the tokenization engine, launched by DLA Piper. TOKO provides a platform to create new markets that leverage the innovative capabilities of distributed ledger technology…

Watch Scott Thiel — Partner at DLA Piper and Jeff Tchui — Program Director at BCW Group on the Hedera Hashgraph Forum showcase the TOKO asset tokenization platform on KPAY live:

Our Judges — Kyle Baron, Managing Partner BCW Group & Scott Thiel also gave a preview to the challenge on the webinar ​with Hedera:

Other Challenges in the Hackathon include those by Google Cloud, eftpos Payments Australia, BitGo, THE CHOPRA FOUNDATION and UCL

Update: 03/03/2021 — Result Announcements

After 4 weeks of the Hedera21 — Hello Tokenization Hackathon concludes with over 600 participants and 54 projects, we are pleased to announce the Winners of the DLA Piper & BCW Group Challenge: Enhancing Tokenization Functionality.

1st place winner — Asseto

Prize: $5,000 USD worth of HBAR + An opportunity to join an enterprise team building on HTS

2nd place winner — Unibar

Prize: $2,000 USD worth of HBAR + An opportunity to join an enterprise team building on HTS

Watch the result announcement here

Come help us build the #HelloFuture!

BCW Group

Blockchain Professional Services Company +