Shifting Paradigms with Hedera’s Hashgraph

The Beyond Blockchain: Hashgraph Hackathon is a virtual hackathon designed for creative experimentation, aiming to rally developers, entrepreneurs, and innovators to build high performance decentralized applications with the Hedera Hashgraph Network.

With fast, secure, and affordable transactions and easy-to-use developer tools, the Hedera Hashgraph Network is the perfect platform to build solutions to transform industries.

This is your chance to explore the potential of Hedera and build innovative solutions that can help address real-world challenges and shape the future. Your solution might even win prizes from our USD $80,000 prize pool!

Background

Hedera is a public ledger that uses a consensus algorithm called hashgraph, which is leaderless and asynchronous. It is decentralized and open-source, and operates through a proof-of-stake mechanism. The governance of Hedera is managed by a decentralized council comprising leading enterprises, universities, and web3 projects worldwide, which is designed to be resistant to collusion.

Hedera’s performance-optimized Ethereum Virtual Machine (EVM) smart contracts, along with its easy-to-use native tokenization and consensus service APIs, enable developers to create real-time web3 applications and ecosystems that will drive the future of the internet.

Hedera is a unique blockchain that offers high throughput, fast finality, predictable fees, fair transaction ordering, and a reliable infrastructure. The network is governed by leading organizations to ensure that it is resistant to collusion.

Prizes

Total Prize Pool: USD$80,000
First 25 project submissions will be awarded Hedera SWAG

Overall Prizes

1. 1st Prize: USD 20,000
2. 2nd Prize: USD 15,000
3. 3rd Prize: USD 10,000
4. 4th Prize: USD 3,000
5. 5th Prize: USD 2,000

Best of Tracks

• Best in Sustainability: USD 10,000
• Best in DeFi: USD 10,000
• Best in Tokenisation: USD 10,000

Dates

Friday, May 26th to Sunday, June 25th

go.beyondblockchain.dev/phit