｜'Biggest ever' since the first tournament in 2016
｜120 teams (334 players) participated... Total prize money of 45.5 million won, 28 points
KISA Director Lee Won-Tae, 3 Grand Prize Teams, 5 Grand Prize Teams, and collaborating company officials are taking a commemorative photo at the blockchain/fintech 'BEST Challenge' award ceremony.
(From left) Target 3 teams (LoonShots team, Second Advisor team, Winkstone Partners Team), Kim Jong-hyup, CEO of Parameta, Kim Won-beom, CEO of Bloco, Kim Min-jung, CEO of Crapas Solutions,
KB Kookmin Bank Representative Moon Hyuk-joo, Director Hwang Jae-ho of The Cheat, Lee Won-Tae, Director of KISA, Lee Geun-joo, Chairman of Korea Fintech Industry Association, Park Young-joon, Director of Antock, Director of Kukon Baek Cheong-seok Research Institute,
Lee Seung-haeng, Vice President of Together Art, 5 Grand Prize Teams (Justice Spaces Team, Pororo Team, Dirreddit Team, Digital Fisheries Team, Ajunice Team)
Consumer Times=Reporter An Woo-jin | Korea Internet & Security Agency (KISA, Director Lee Won-Tae) announced that the Ministry of Science and ICT (Minister Lee Jong-ho) and the blockchain and fintech competition 'BEST Challenge' award ceremony were held on the 17th at the Textile Center in Gangnam-gu, Seoul.
The competition was held to discover innovative blockchain and fintech technologies and services, and is the largest fintech hackathon ever since starting in 2016 with a total of 28 awards, including 3 awards from the Minister of Science and Technology, and a prize pool of 45.5 million won. In addition, 10 companies participated as collaborators and provided on-site mentoring to advance the participants' ideas.
The competition was divided into 3 categories: △ (track ①) fintech ideaton based on alternative data △ (track ②) blockchain challenge △ (track ③) blockchain/fintech-based ESG service competition, and 50 teams (164 people) from 120 application teams (334 people) that passed the written evaluation participated in the final round.
In the final round of the competition, the final 28 teams received an award as a result of a comprehensive evaluation of completeness, business performance, and technical ability based on the excellent service (idea), differentiation, and usability of the participating teams. The winning team will receive a total prize of 45.5 million won.
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