Distributed: Trade Blockchain Hackathon Offered $25k in Prizes

by Michael GordJan. 9, 2017

On June 14, 2016, industry professionals from across the world travelled to St. Louis to attend Distributed: Trade, the first blockchain conference to address both capital markets and supply chain applications.

This inaugural blockchain conference was hosted by BTC Media, the world’s largest Bitcoin- and blockchain-focused media company, in partnership with SixThirty, a leading fintech accelerator in the United States.

“We are extremely pleased to partner with SixThirty,” David Bailey, CEO of BTC Media told Bitcoin Magazine. “By combining BTC Media’s knowledge of the blockchain ecosystem with SixThirty’s insight as a fintech innovator, business accelerator and leading driver of disruptive B2B technology, we have created a first-of-its-kind, collaborative event focusing on cutting-edge blockchain solutions.”

Atul Kamra, Managing Partner for SixThirty, told Bitcoin Magazine, "We saw a real opportunity in partnering with BTC Media for the St. Louis blockchain conference. The partnership harnesses St.Louis's regional strength in financial services, the breadth and depth of our global corporate community here and the flourishing tech start-up scene--and it brings us together around a real timely and relevant opportunity.”

The conference was a forum to bring the industry’s leading blockchain technology companies together with major enterprises to brainstorm how the new technology will disrupt and optimize trade networks and financial services. The name pays homage to the classical meaning of “trade,” as the agenda will center around blockchain developments related to supply chain management, global payments, real-time distribution analytics, triple-entry accounting, insurance services, merchant services and capital market operations.

The event also featured a 24-hour hackathon where participants competed for $25, 000 and the opportunity to present their projects at the conference. The winning team was Distributed ID (DIID), a decentralized identity solution proposed by Duncan Brown, Dev Bharel, Shannon Foster and Angelo Saraceno, representing the Blockchain Education Network.

At the conference, BTC Media formally launched its newest media property, Distributed, which is an expansion of its popular weekly blockchain technology report The Distributed Ledger into a 24-hour news portal covering enterprise-level blockchain applications. Distributed’s coverage will include capital markets, payments and financial services applications as well as blockchain news in many nonfinancial industries, including supply chain management, healthcare, IoT, insurance and identity.

“We’re thrilled to cover first-hand the traction blockchain technology is gaining toward solving very large and ingrained pain points in the financial services world,” Bailey told Bitcoin Magazine. “We’re even more excited however about the emerging field of nonfinancial blockchain applications. From eliminating counterfeit goods to a global system of electronic medical records, blockchain technology will impact industries of all kinds and create immense opportunities for forward-thinking companies. This is our chief focus for Distributed – how can we expand the discussion around blockchain technology and facilitate the thought leadership that inspires innovation.”

This article was updated from one published on Bitcoin Magazine.

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