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The contest has a registration process that started on June 21st and will end this week, especially on July 6th. After this period, competitors must submit a distributed accounting project that will focus on solving common problems in the financial sector a paper that will present proof of concept or practical models based on previous research for support the operation of the solution
These documents must be delivered between July 13 and August 3, the day of the end of the reception of all projects. In addition to written work, candidates must present their work in front of a bank that will serve as an evaluation panel; they will also receive the help of professionals from BTG Pactual's banking sector.
Although it is not yet known exactly what the prices will be, the press release certifies that the contest winners will receive special benefits
. BTG Pactual becomes the first university-focused educational initiative led by a banking entity in a country increasingly involved in blockchain technologies and its adoption at the national level, such as Brazil. In this sense, activity meets the need of the International Bank to innovate, with distributed accounting technologies being one of the most innovative tools on the market today. hui.
The University as Development Center
There is no doubt that one of the places where today blockchain has the most impact or aroused the most. Interest is in educational institutions. The technological elements, their transformation objectives and the financial benefits they offer keep students and teachers aware of the importance that the incorporation of the blockchain into traditional banking can take.
In this sense, various universities have led or accepted alliances for the conduct of competitions, debates and various activities related to distributed technology. In the particular case of Brazil, the Blockchain Insper initiative – the first university organization in Brazil – also carried out an activity of blockchain development in various sectors ; succeed in catapulting solutions in the right sector and even video games. Even a private university, known as FIAP, has begun accepting Bitcoin as a payment method and has its own ATM on the campus.
Not far from Brazilian lands, the Simon Bolivar University of Venezuela also participated in competition related to distributed accounting technologies with the company Byteball and in Colombia was organized in collaboration with the BEN project carrying out discussions regarding the insertion of blockchain technologies into government platforms.
Entities such as Kraken, the University of León and Ripple are just some of the many institutions that have also played a role in their own activities related to the blockchain and the education sector that have represented to date a significant contribution to the academic study of blockchain around the world.
by vectorfusionart / stock.adobe.com
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