All the things you wanted to know about Bitcoin and the other cryptocurrencies

DECENT’s HackXLR8 Challenge Winners Blockget Put End to Paper Documents with Blockchain

0

Team Blockget was named the winner of DECENT’s challenge at the HackXLR8 hackathon event which took place 12–13 June in London, United Kingdom. The team secured second place overall and won DECENT’s blockchain challenge by delivering a project that would ensure dematerialisation and elimination of paper documents and storage on blockchain using IPFS via DECENT’s DCore platform. 

DECENT & runner-up team, Blockget

The hackathon, carrying the name HackXLR8 2019, was part of London Tech Week which was opened by the Prime Minister, Theresa May, on Monday 10 June. Contestants had the option to choose from three leading technological spheres: AI, IoT (Internet of Things), and blockchain.

Project Blockget’s solution exhibited an easy way to scan documents and avoid purposeless paper concentration. Thanks to DECENT DCore’s native integration of IPFS (a P2P file storage network) and NFTs (non-fungible tokens), the team conditioned the realisation of the idea by using three simple steps: scanning a file via a template inside the Blockget mobile app, permanently storing the file through IPFS, and assigning a unique ID via DCore. 

During the team’s final pitch, which involved a real-time demo, developers Hellema IbrahimGeorge McKinney, and designer Trevor Oakley explained the critical impetus that led to the conception of their project, stating that “seven million shareholders utilised physical paper documents throughout the whole year 2012”. Through the process of “dematerialisation”, supported by the EU itself, the project’s principle is to convert information on an analogue medium to digital formats and store them securely on the DCore blockchain. Blockget’s earned reward was a cash prize of £1,000 and project incubation as part of DECENT’s recent launch of DCube—a service focused on supporting and guiding promising blockchain projects from the technical, financial, and business perspectives.

From the overall prize pool, the main award of the hackathon went to Bloxis—a blockchain-based platform allowing users to view and interact with their dApps via interactive dashboards. The team claimed this would “avoid the frustration of trying to access each dApp through a ‘special’ mobile browser individually”. The unified platform would, therefore, enable users to log in to full dApp experiences served via browsers, with no additional plugins required.

With Blockget winning DECENT’s DCube incubation prize, the company plans to perpetually support the team and help to successfully realize Blockget’s project in the future.

DECENT’s Head of Innovations, Michal Geci, presenting the company’s successful projects.

About DECENT

Founded in 2015, DECENT is a non-profit foundation that has developed an open-source blockchain platform, DCore. Cooperating closely with top investment funds and incubators, DECENT is dedicated to building the ecosystem upon its proprietary blockchain technology to help developers and businesses adapt to a decentralized future. 

About DCore

Launched in 2017, DCore is a stable and customizable open-source blockchain platform that can easily be built upon. As the world’s first blockchain dedicated to digital content, media and entertainment, DCore provides user-friendly SDKs to empower dApp developers and businesses in the decentralized network.

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles