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Members of Satoshi group at Next Tech Lab won 1.5K USD at the Proffer Hackathon

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Around 1,900 students and young professionals from 28 countries signed up to participate in-person and remotely in Proffer’s inaugural hackathon, vying for more than $17,000 in prizes, for blockchain-based applications for societal good. 93 participants from MIT, Harvard, Stanford, Oxford, Cambridge, IITs, and top engineering institutions around the world submitted projects in the end, tackling problems in government and enterprise infrastructure, automotive/agricultural/pharmaceutical supply chains, insurance, micro-finance, peer-to-peer lending, all data privacy, energy markets, e-voting on elections and government programs, crowd-funding public goods, crowd-sourced information exchange, and more. After a week of careful consideration by a panel of judges from Coinbase, IBM, Microsoft, Harvard, BoostVC, and Government of India, the results were out. Their project is titled as Zero-Interest Loans for Rural Microfinance ($1.5K USD Prize) by SRM University and has been listed in the link below.

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Thursday, November 23, 2017
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