The United Arab Emirates Ministry of Community Development launched the ‘Social Blockathon’ Competition with a total prize fund of $16,300. The competition aims towards developing software through Blockchain technology to be accomplished within a specified time, in order to design beneficial programs for educational, social and recreational purposes.
“Social Blockathon” to encourage the development of Blockchain-based applications for educational, social and recreational purposes
It was announced at the GITEX Technology Week 2019 held at the Dubai World Trade Center between 6-10 October, that “the blockchain competition aims towards providing solutions to families, people of determination, senior emiratis, Public Non-Benefit Associations in the areas of awareness and social care.”
According to the report, the Blockathon invites programmers, graphic and interface designers to compete and build blockchain software in the areas of awareness and social care. The last date for submissions is February 20, 2020.
The MOCD will reward the contest winners with UAE’s fiat currency – the dirham (AED). Winners will be announced and prizes distributed during the UAE Innovation Month on February 2020. Prizes are divided as follows: AED30,000 for the first place, AED20,000 for the second, and AED10,000 for the third place,” the report reads.
The rules mentioned by the Ministry of Community Development for the competition are simple:
“The idea must be completed and implemented on time, using pre-designed software and applications are not allowed, the implemented application should be either a site or a smart application that coincides with Blockchain.” The MOCD is responsible for developing and implementing social policies and legislation for social policies in the UAE.