In an announcement La Maison du Bitcoin said that it is proud to organize the first Bitcoin Hackathon in Paris. Going to be the first French Bitcoin hackathon, it will take place on June 13-14-15th in the brand new co-working space, 35 rue du Caire, 2nd arrondissement of Paris. The event is expected to give impetus to the digital currency by promoting entrepreneurship.
A major problem for Bitcoiners in France is that though many entrepreneurs are thinking about working on the digital currency projects in the country, so far only a dozen startups have been launched. Therefore, the organizers of this hackathon expect that it will create a spark in the French ecosystem and offer visibility for the actors who wish to be a part of it.
This hackathon will be the occasion to form great teams for potential Bitcoin businesses and cash in the opportunities available because a Bitcoin hackathon is the perfect way to showcase the digital currency as an application platform. Apart from payment, Bitcoin makes it possible to transfer property rights in an unforgeable and transparent way.
According to the announcement hackathon will start at Friday the 13th at 7pm wherein APIs presentations, projects brainstorming and team constitutions will be done. Thereafter, 48 hours of coding ending with the project pitches will be done on Sunday afternoon. Parties/individuals interested to participate in the event may login here for tickets.
Some Simple Rules for Participants and Sponsors
The announcement from the organizers of the event say that pitches and team constitution on Friday night will be followed by 48 hours of coding. Thereafter, three winners will be selected by the jury and offered prize money. The aim behind the prizes is to encourage participants come up with creative ideas.
Some project examples include physical locker or door controlled by the Bitcoin Blockchain, smart contracts: implement a multisig escrow system and Bitcoin e-commerce toolkit. The organizers are welcoming all ideas from the participants who can help in building projects that based on the Bitcoin ecosystem.
The organizers inform that the event will be sponsored by Paymium and Coinbase. Paymium is a French startup which created the first EUR/BTC marketplace. Currently, this company is offering solutions for merchant to accept Bitcoin without any hassle. Similarly, Coinbase is a San-Francisco-based company which works towards easing up Bitcoin transactions.
To contact the reporter of this story: Deepak Tiwari at email@example.com