Hackathon Test Sprint 46
Accelerating a Greener Digital Future
#test
Organized By
About Us
In its 7th edition, the Monetary Authority of Singapore (MAS) Global FinTech Hackcelerator, powered by Oliver Wyman, seeks to unlock the potential of FinTech in accelerating the development of Web 3.0 and Green Finance solutions.
The Global FinTech Hackcelerator is open to all solution providers with a market-ready product. Winners will walk away with a total cash prize of S$150,000, and the chance to conduct a Proof-of-Concept with a Singapore-based financial institution with up to S$200,000 from MAS' FSTI Proof-of-Concept grant.
Problem Statements
These problem statements focus on two pillars: Web 3.0 and Green Finance
For Web 3.0:
(A) Embed Blockchain Technology
Explore areas that will help overcome scalability and implementation challenges
(B) Expand DeFi
Explore problems around identification and development of real-world use cases
For Green Finance:
(C) Monitor Commitment
Enhance investor and financial institution ease of monitoring sustainability commitments from issuers
(D) Measure Impact
Improve ability to measure impact of loans and investments against their stated sustainability goals
How can blockchain technology be used to empower payment while lowering the cost and friction (i.e., Merchant Discount Rate, etc.)?
How can blockchain technology be used to empower payment while lowering the cost and friction (i.e., Merchant Discount Rate, etc.)?
How can we ensure same level of accessibility & user experience of DeFi to non-tech savvy users?
How can we ensure same level of accessibility & user experience of DeFi to non-tech savvy users?
How can financial institutions partake and segregate responsibilities and liabilities in a DAO governance orientated environment?
How can financial institutions partake and segregate responsibilities and liabilities in a DAO governance orientated environment?
AWARDS
Up to S$150,000 Worth of Cash Prizes to be Won!
Finalists and winning teams will get:
S$ 20,000 in Cash Stipend
All finalists will receive a cash stipend of S$20,000 each
Up To S$200,000 in POC Grant
All finalists can be fast-tracked to receive up to S$200,000 in MAS Financial Sector Technology and Innovation Proof-of-Concept grant
S$50,000 In Cash Prizes
Top 3 winners will receive cash prizes worth S$50,000 each
Eligibility
We welcome all solution providers with a market-ready solution that can address any of the published problem statements.
Media Centre
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FAQ
Am I eligible to participate in the Global FinTech Hackcelerator?
We welcome all solution providers with a market-ready solution that can solve any of the problem statements to apply for the Global FinTech Hackcelerator.