Blockchain Meets Social Change
The United Arab Emirates is shaking things up in the social sector with their newly announced “Social Blockathon,” a competition that encourages the development of groundbreaking blockchain applications. This initiative, driven by the Ministry of Community Development (MOCD), aims to enhance social and educational services while offering developers a shot at glory and a lucrative cash prize.
What is the Social Blockathon?
Launched during the buzzing GITEX Technology Week at the Dubai World Trade Center, the MOCD set a total prize pool of $16,300 for those brave enough to tackle this challenge. Participants are encouraged to create innovative blockchain-based applications focusing on social awareness and care. It’s like a technological bake-off with no cake—just code!
Prizes That Are Worth the Effort
The competition offers a tiered prize structure that makes even the most reluctant coder consider dusting off their programming skills. Here’s the breakdown:
- First Place: 30,000 AED (approximately $8,200)
- Second Place: 20,000 AED (approximately $5,400)
- Third Place: 10,000 AED (approximately $2,700)
These winners will be announced during the UAE Innovation Month in February 2020—mark your calendars!
Rules of the Game
Contestants have a finite amount of time to develop their applications, which means those cozy nights spent binge-coding just got a little more real. The catch? They can’t rely on pre-made software or applications. This rule keeps the competition fresh and ensures innovation is at the forefront. Talk about a game of technological survival!
The Bigger Picture: Blockchain in the UAE
This isn’t the MOCD’s first rodeo with blockchain; their commitment runs deep. With a strategic goal aligned with Emirates Vision 2021—to build a diversified and knowledge-based economy—the ministry is all in on blockchain. They’ve messed around with proof-of-concept systems, rolled out healthcare data-sharing platforms, and partnered with banks to explore the real estate side of blockchain!
The Blockchain wave is clearly washing over the UAE as they aim to enhance societal welfare and upgrade the lives of their citizens. Will the Social Blockathon change the landscape of social services in the region? Only time, and a lot of lines of code, will tell.
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