Last weekend saw the third annual Miami Bitcoin Hackathon being held at The Lab Miami in Wynwood. Organized and run by Miami based Bitcoin ATM company, Bitstop, the Hackathon ran from January 13th to January 15th.
The competition started at 7:30 p.m on Friday, with an address from the keynote speaker, Tone Vays. Hacking officially began at 1 p.m on Saturday and over the next 26 hours, teams of developers coded to create original applications and software that incorporate Bitcoin and fit the Miami Bitcoin Hackathon’s criteria.
At the close of the Hackathon, the apps were judged by a panel and prizes were awarded to the top placing coding teams. Judges included Doug Carrillo, Co-founder of Bitstop; Joshua Unseth, host of Bitcoin uncensored; David Garcia, co-founder of Bitpagos; Alena Vranova, CEO of SatoshiLabs; and Aaron Lasher, CMO of Breadwallet. Sponsors and partners of the Hackathon included The Knight Foundation and Blockchain Beach, amongst others.
The first place winner was awarded the grand prize of 15 BTC (equivalent to around $12,000 USD) as well as tickets to the North American Bitcoin Conference. Subsequent winner slots went from second place all the way to sixth place, with bitcoin prizes to be awarded for each. The panel selected the winning application based on creativity, product usability, user friendliness and execution.
In first place was a prototype for a virtual game of ‘tag’ or ‘it’, which awarded users with bitcoin as a quick and easy way to get people involved with the cryptocurrency. Other ideas that won prizes included a bitcoin-monitoring app, a GitHub bounty facilitator and a blockchain-based method for improving the clinical trials industry.
Bitstop Co-Founder and Hackathon judge, Doug Carrillo stated: “We’re excited to see what the competitors come up with this year” “The Bitcoin ecosystem has grown exponentially; it is now robust and holds value over 10 billion. As a vital part of the global financial infrastructure, we believe it that developers who create apps that serve society in a positive, creative way, utilizing this new decentralized currency will be able to make a tremendous impact on society and the way it exchanges currency.”