Blockchain project wins Dutch international energy hackathon.

Hackathon

On October 14-15, Dutch Hackenergy 2016 hackathon was filled with energetic programmers and blockchain solutions. After a full weekend and 48 intense hours of collaboration, excitement and solution-finding, the best idea according to a jury of industry experts was a project called EcoCoin at Hackenergy 2016.

The hackathon was sponsored by ENGIE Nederland, Energy Academy Europe, the City and Province of Groningen — and backed by Groningen’s IBM Client Innovation Center (CIC) Participants had access to the latest Hyperledger technology and experts from IBM’s Blockchain technology team. Working with Hyperledger, the hackathon also focused on cognitive computing with Watson Artificial Intelligence and developed with IBM’s Bluemix. Additionally, the event provided IoT devices and sensors for hackers developing energy concepts.

Brendon Geils (US), Simon Appel (Germany) and Hodge Hodgson (Germany), the three hackers from the winning team, built a Blockchain-fueled peer-to-peer (P2P) energy trading system on the open source Hyperledger Blockchain managed by the Linux Foundation of which IBM is a significant partner.

“The first night we spent the entire night brainstorming then by 11am the next day we conceived the idea,” said Brendon Geils, one of the hackers. “At that point we had 25 hours left to hack — and we did it in the next 25 hours.”

It was unsure at press time if the team would take the €5,000 cash prize or alternatively opt to enter the startup accelerator programme called Energy Venture Lab/Startup Fast Track, backed by energy multinational ENGIE, Groningen University/VentureLab North, Hanze UAS and the Province of Groningen.

It was unsure at press time if the team would take the €5,000 cash prize or alternatively opt to enter the startup accelerator programme called Energy Venture Lab/Startup Fast Track, backed by energy multinational ENGIE, Groningen University/VentureLab North, Hanze UAS and the Province of Groningen.

“There is a lot of fresh innovation being done in the area around peer-to-peer energy trading, Blockchain, AI and Iot,” said Kastelein. “And these digital nomads really grabbed onto the concept, ran with it and nailed it.”

Other winners of the event were Hack the Truck for Best Design, Joris for Best Technology, and the Best Commercial Concept was won by UU-IoT with their James Project. The runners-up all received €400 in cash prizes for their collaborative efforts during the Hackenergy event.

Image: blogjnj.com

Source: news.bitcoin

Disclaimer: InfoCoin is not affiliated with any of the companies mentioned in this article and is not responsible for their products and/or services. This press release is for informational purposes only. Information does not constitute an investment advice or an offer to invest.

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