Event management
Monday is the last day of the blockchain summit and hackathon at IIT-Delhi. The event started on Saturday and continued over the weekend. It was planned as a chain of events in the run-up to the Global Entrepreneurship Summit in Hyderabad at the end of the month. Sponsored by the NITI Aayog, along with Proffer, a blockchain start-up founded by graduates of MIT and Harvard, the objective was to explore how blockchain architectures can enable a new digital infrastructure for India, improve efficiency, transparency, privacy, and cost across all sectors. About 1,500 students from the IITs, MIT, Harvard, Berkeley, and the top engineering institutions from across the world are participating, with 500 attending in person at the IIT-Delhi campus. Microsoft, IBM, Accel, Coinbase, and Amazon AWS have sponsored $17,000 in prizes to reward the top five blockchain-based applications addressing problems in government/enterprise infrastructure, finance, energy markets, supply chain, decentralised Aadhaar identities, information exchange, etc.