Multinational technology firm IBM is among the partners of a forthcoming India-based hackathon set to focus on bitcoin, the blockchain and FinTech.
The aim, according to event press materials, is to introduce more developers to the bitcoin and wider blockchain ecosystem, as well as the available APIs from major providers.
Benson Samuel, CTO of Coinsecure, explained that HackCoin's choice of venue proved key to its ability to attract sponsors. Notably, Zone Startups is formally affiliated with the BSE Institute, a subsidiary of the parent stock exchange.
Vaisoha told CoinDesk:
HackCoin is seeking participants well-versed in PHP, Python and SHA, as well as more general skill sets such as HTML and entrepreneurship. Prizes will include a variety of gift packages, as well as pitch opportunities for the event's most compelling projects.
IBM has previously explored blockchain technologies as part of its Internet of Things (IoT) program. First revealed in January, ADEPT leveraged smart contracts provided by Ethereum and the bitcoin blockchain to envision systems by which smart appliances might be able to be more efficient.
Image via Shutterstock
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.