February 28, 2019

IOTA Foundation announced the launch of the hackathon “Smart City”


The purpose of the hackathon will be to address some of the most pressing issues in the field of management using Tangle technology.
More about the event
The dystopian concept of a smart city is moving steadily toward reality thanks to the rapid pace of technology development. IOTA's Smart City Hackathon provides developers worldwide with the opportunity to demonstrate their technical potential in a way that helps society as a whole.

In the competition, developers will compete with each other, creating reliable Tangle-based solutions to solve inter-city problems represented by global corporate structures such as Groupe Renault, Birdz, Sopra Steria and Indian IT giant Tech Mahindra.

The competition, which began on February 25, 2019, is being held by Hackster.io, the world's largest network of hardware developers.

The focus of the event will be on the flagship technology of the distributed IOTA ledger, which has already received approval from various corporate giants such as Volkswagen and others.

Participating groups will develop and implement innovations in the field of the Internet of Things (IoT), as well as concepts based on data that can be effectively implemented in the smart city environment. In addition, prizes worth more than $ 10,000 will be raffled at the event.

Sharing his thoughts on the hackathon, Rajesh Dhudu from Tech Mahindra said:

“We are pleased to collaborate with IOTA on this mega hackathon. This gives us the opportunity to find ideas and solve some of the most difficult problems that smart cities face and will face. We are interested in cooperation and creation of an ecosystem for the development of innovative ideas based on new technologies, such as the Internet of things and blockchains, and turning them into attractive offers for our customers all over the world. ”

“Smart Cities” - not a fantasy
Many cryptocurrency projects, such as NANO, IOTA, Byteball and Cybervein, can help public authorities in the development of smart cities, and most of the administrative work will be digitized and automated. This idea was also supported in the PwC research paper.