11:26 | 30.01.18 | News | 63071

Winners of Yerevan Blockchain Hackathon announced

Yerevan Blockchain Hackathon was summed up on January 27. The event was held for the first time in Yerevan.

The hackathon involved 7 teams, of which 4 received monetary prizes.

photo © Image by: Ani Aria Vardanyan

The prizes were handed by international bitcoin expert, CEO of Blockchain Technologies Corporation Nick Spanos.

photo © Image by: Ani Aria Vardanyan

The teams received prizes in Ethereums (cryptocurrency).

The winning teams are Armen (USD 700), Triengine (USD 650), HiLearn (USD 600) and Zoomar (USD 250).

photo © Image by: Ani Aria Vardanyan

Having followed the pitching of the teams, Nick Spanos was impressed with the ideas presented, which is why he doubled the monetary prizes. He also announced the two-week deadline for Armenian teams to finalize their ideas and present them once again.

The hackathon was organized by Hero House, Zap and YLedger companies.

Hero House project is initiated by Catalyst Foundation and implemented in the framework of the EU4Business Support to SME Development (SMEDA) Project, which is co-funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ’s Private Sector Development in South Caucasus Programme. SMEDA is part of the EU4Business and EU4Innovation initiatives of the European Union.