September 25th, 2018, Boston, USA – The DoraHacks Blockchain Hackathon in Boston co-hosted by Block 72, Bytom, Bitblock and Huobi, was successfully held from September 22 to 23. The two-day close development contest attracted nearly one hundred hackers to participate. The project that facilitates patients to trace their health data on blockchain developed by four high school students won the first prize and an autonomous video distribution and payment platform using Bytom’s smart contract won the third prize. All the winning teams divide a 10,000 USD prize pool.
With the support from MIT Bitcoin Club, HackMIT, HackHarvard and Harvard Innovation Club, this Hackathon attracted many hackers coming from top universities such as MIT, Harvard, Columbia and tech companies around Boston. The blockchain applications they developed in 24 hours range from decentralized voting platform, decentralized micro vendor payment system to a blockchain based ticketing system, among which several projects utilized Bytom’s smart contract that can execute the transaction of various digital assets with programmable interface. A project based on Bytom Blockchain Protocol which aims to eliminate the third-party and reduce the high cost in video distribution won the third prize.
Bytom’s chief architect James Zhu was invited to be this hackathon’s judge, along with Block 72’s founder Mike Chen and Shuyao Kong from ConsenSys. As the mentor for hackers, James held a workshop during the Hackathon and introduced Bytom’s smart contract. Bytom uses its own Equity language, which is a Turing complete and interpretive high-level language. Based on BUTXO model that can achieve high speed concurrence and controllable anonymity in transactions, Bytom’ smart contract has the advantage of safety as well as scalability, thus could be integrated into broad application scenarios.
This hackathon is part of Bytom’s Global Dev Competition with a goal of strengthening Bytom’s development capability and enhancing Bytom’s sustainable open-source ecology. The outstanding teams are possibly invited to participate in the final competition held in Hangzhou China during October 18-20.
Bytom Blockchain Protocol is an interactive protocol of multiple byteassets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based inter-operations via Bytom.
The mission of Bytom is to bridge the digital world and the physical world and to build a decentralized network where various digital and physical assets can be registered and exchanged. The goal of Bytom is to become the world’s largest dedicated public blockchain platform, connecting various asset classes to the blockchain, enhancing the liquidity, security, and value of these assets.
Learn more about BYTOM – https://bytom.io/
Join the Global Dev competition – https://bytom.io/developers_en/
Name: Yi Ren