SCB 10X’s Bangkok Blockathon winners showcase new use cases for blockchain technology
Bangkok Blockathon 2023, organized by SCB 10X and its partners, welcomed ambitious and experienced builders to create innovative, robust and scalable decentralized applications that can impact the next billion users in the real world. Believing that blockchain has the potential to transform industries across Southeast Asia, the Bangkok Blockathon fostered an empowering environment for developers to explore new blockchain use cases using deep technologies such as AI and regenerative finance.
The next frontier: AI, regenerative economics and new use cases for blockchain
The Blockathon showcased a notable increase in teams exploring blockchain use cases beyond DeFi, with a focus on creating real-world impact. Projects ranged from digital identity and gaming to carbon credits, electricity trading, wildlife conservation, event ticketing and even tarot card DApps.
By investing in AI and blockchain, SCB 10X supports the development of cutting-edge technologies that promote equitable access to resources and opportunities worldwide, with partners also investing in and building an ecosystem of products to advance their mission. Many teams have already been in contact with these partners to continue the collaboration after the hackathon.
And the winners are…
The first prize winner, 0xfin, developed an AI-powered application that enables users to discover and invest in tokens through multi-token, on-chain swaps. Second place went to Guardian GPT, whose new crypto wallet management solution improves user security and enables seamless wallet recovery through account abstraction and ChatGPT. Finally, 838.Earth was awarded third place for creating a regenerative finance platform that focuses on insurance for carbon removal projects, using decentralized identity and Kleros dispute resolution.
Winning projects were determined by several factors, including code quality, delivery of live demos, market potential, feasibility and presentation. These projects have the potential to bring the next billion users into blockchain or deliver the effects of blockchain into the real world.
SCB 10X aims to support the development of innovative technologies that promote equitable access to resources and opportunities worldwide, offering venture building resources, incubation and capital to diverse blockchain talent globally. Harnessing the power of emerging blockchain technologies, AI and regenerative finance, the Bangkok Blockathon demonstrated the enormous potential of blockchain to solve real-world problems and create a fairer future for all.