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23rd July 2020, 19:56

Gibraltar Finance announced as official Government partner of global Post-Covid Hackathon

Gibraltar Finance is the official Government partner of a global online Hackathon that will bring together Blockchain experts from around the world.

The aim is to create new open-source solutions to overcome the health, economic, social and other challenges of the post-COVID-19 era.

Hundreds of participants are expected to take part from all over the world, with insights being provided by over 200 industry experts.

The event will officially launch on 10th August.

Hackathons are both fun and creative events with like minded computer programmers and software designers who collaborate to create solutions to existing problems using technology.

The PostCovidHack is co-organised by Indorse, a tech skills-matching platform, and Gibraltar based blockchaincompany Coinsilium.

The Minister for Digital and Financial Services Albert Isola said the pandemic has brought with it a range of new challenges and said he was looking forward to seeing the dynamic solutions geared towards helping global communities.

Some of these include enabling financial inclusion, reducing the digital divide, promoting diversity in the techcommunity and creating improved identity systems.

Coinsilium CEO Eddy Travia, an investor in early-stage blockchain technology companies, said he welcomes individuals and organisations to support the Post-Covid Hack to help shape "a positive new normal", while the CEO of Indorse, Gaurang Torvekar said he genuinely belives in the transformational power of Distributed Ledger Technology.

Along with the Gibraltar Government, other partners of the Hackathon include RSK, the builder of bitcoin smart contracts. Its CEO Diego Gutierrez Zaldivar said he hopes the blockchain community can foster creative solutions that will 'help make a difference during these challenging times'.