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The Babylon Project: A Blockchain Focused Hackathon and Commitment to Diversity & Inclusion

World Blockchain Hackathon, a 100% community funded world organization , have announced the small print of their latest hackathon on October 9 -11, 2020, a 3-day global virtual event which will attract quite 3000 participants and contributions across 50 countries.

The Babylon Project aims to democratize access to global innovation with blockchain technology: its a project that aims on developing a replacement generation of diverse leaders within the crypto community within subsequent 5 years.

Babylon, from its history, is what many concede to be the cradle of civilization - the primary time a posh societal structure came into existence by bringing together different people under one common vision to create . Gideon Nweze, the founding father of World Blockchain Hackathon, is getting to do cryptocurrency press release distribution an equivalent with the Babylon Project, a hackathon which will specialise in teaching developmental skills in blockchain and building an accompanying protocol-agnostic developer community.

"The way I see blockchain," Gideon says, "is an equivalent way I see the increase of electricity within the late 1800s or the web within the late 1900s. We're at a time where one revolutionary idea can create a big amount of technological change during a short amount of your time . Though i have been involved blockchain for an extended time, I even have noticed that there's not a simple thanks to onboard those that aren't conversant in this technology yet blockchain press release distribution, which it's fairly difficult to truly teach people the talents to form an impression during this ecosystem. this is often what i would like to vary with the Babylon Project."

The Babylon Project may be a protocol agnostic and community focused hackathon. For this reason, partnership is free and hospitable respected global and native organizations that have aligned visions.

Chukwudi Derek Uche, the CoFounder and CEO of Village, a startup getting to create an alternate to land ownership, is a lively contributor to the hackathon. "Blockchain technology remains nascent, except for it to grow to its potential, we'd like to teach everyone about it," Chukwudi says. "We got to show people what the planet can appear as if in ten, twenty, thirty years with it, and obtain enough current outsiders to believe an equivalent vision the people during this community do."

Hackathons, short for "hacking marathons," are mini-conventions where designers, developers, and project managers congregate and fraction themselves into teams to form a product demo within a confined amount of your time , usually between two and three days. they're essentially as old Bitcoin Press Release Distribution Services, because the tech industry itself, and lots of products and corporations were born from hackathons. Moreover, though, hackathons serve the aim of making an environment and a community willing to concentrate , network, and, most significantly , build.

Blockchain, on the opposite hand, may be a distributed ledger technology, allowing users to send, receive, and make money without the interference or supervision of a third-party financial organization . For blockchain protocols like Bitcoin and Ethereum, users trade coins for goods and services rather than cash or digital representations of state-backed currencies. the aim of this is often to return the facility of currency back to the people, back to ancient Babylon where users bartered their goods and services before fungible currencies were created.

Dennis Liu, a director at BitTemple and a speaker at the Babylon Project, says, "Blockchain is that the ultimate tool to get rid of international barriers by enabling trust and efficiency between different cultures." The Babylon Project is committed to supporting emerging and diverse leadership ICO Press Release Distribution service, within the crypto space. 80% of the Babylon Project staff are of underrepresented backgrounds, further solidifying the organization's dedication to amplifying minority voices within the crypto & blockchain community.

The Babylon Project is partnering with international startups and developer communities, and impact focused organizations. Though the Babylon Project is creating the inspiration to support up-and-coming blockchain companies which will launch at the event, many risk capital firms are already seeing the worth of this technology. for instance , Andreesen Horowitz, a prominent San Francisco fund, has invested in over twenty blockchain related funds within the previous couple of years, betting that subsequent big wave of technology could provide quite just a return on investment.

The World Blockchain Hackathon series has been held for 3 years running, organized by a team of California blockchain evangelists. Adding to the thrill at this year's Babylon Project Hackathon, the strong potential for hackers' innovations to draw in risk capital . "Silicon Valley VC firms and other international investors are actively participating within the judging for the stated purpose of assessing fresh blockchain investments," said Gideon.

The hackathon is 100% community funded, for establishing a robust foundation for a decentralized blockchain future through #BUILDING & value creation across the world . Partners include Africa Blockchain Institute, BitTemple, Blockchain Acceleration Foundation, Blockchain Chamber of Commerce, GVA Capital, InvestShow, Wiase Capital, UniDAO, Blockchain Center Miami, ChickTech, AIHUB, BlockLeaders, Domineum, XR-Labs, Village and more.

"One of the issues of hackathons is that there are many projects which will become billion dollar companies," says Vadim Romanov, a speculator at Elysium, a Cheap Press Release Distribution Services, VC firm in Silicon Valley . "But they do not have a lifeline or a path to funding. Providing resources to foster and reward innovation will create even more innovation, expanding this technology even faster than automation, electricity, and internet technologies."
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