Join BCs 1st Ever Blockchain Regtech Hackathon! $20,000 Total Value in Cash + Prizes up for grabs!

Advance your Blockchain Regtech project and learn from expert mentors to solve problem statements
Register Now

Why a Blockchain Regtech Hackathon?

The world of finance is constantly changing and technology is transforming financial services and access to financial products. This has created the urgent need to solve regulatory and compliance requirements more effectively and efficiently.  Seeking to balance financial stability and consumer protection with growth and innovation, financial regulators have to adopt a process of regulatory innovation.  By facilitating the exchange of ideas, and bringing together top entrepreneurial, technical, analytical, and design talent in an innovative environment, surrounded by top experts mentors and investors, BCs first ever Blockchain Regtech Hackathon is the perfect place for your team to take part in reshaping financial ecosystems and accelerating the pace of change.

INNOVATIVE SANDBOX!

Innovation doesn’t happen in a vacuum!  Collaborate with your team and help pave the way to re-imagine the use of new technologies to enable better financial compliance solutions, increasing efficiency, profitability and reducing barriers to entry to the sector. The inaugural #VF2017 Blockchain RegTech Hackathon seeks to revolutionize the way regulatory and compliance requirements are addressed and envision the future of a sector that is rapidly growing.

Who Should Participate?

  • BLOCKCHAIN enthusiasts, experts, entrepreneurs, founders, technologists and innovation experts
  • Entrepreneurs, developers, designers, strategists, analysts and regtech experts and professional services providers that have an interest in regulatory solutions in the financial services sector and have innovative ideas on improving its quality and competitiveness, efficiency and effectiveness
  • This is an inclusive and open opportunity to participate, receive education and workshop content and network with a like minded community supportive of innovation, technology, and finance
  • Can I bring an existing project or business model?  YES, the Regtech Hackathon is a Sandbox platform that you can share your project idea with and work towards strengthening it’s model, use case applications and discuss feasibility of commercialization with experts in the market
  • I don’t have a project in mind but I love to build, focus on problems and network with other innovators and builders.  Is a Sandbox hackathon right for me?  YES  join a team and learn about Regtech and tech-enabled opportunities in BC

What you can expect to get out of participating: 

Strengthen your Blockchain project business model or concept by collaborating with others in a team format to advance the development of your project and potentially launch the next amazing BC-Regtech start-up!  Receiving education and expert mentoring from Blockchain principal engineers, regulatory experts (BCSC), start-up and other launch pad gurus in a unique format.  Over 7 hours+ of Blockchain focus may just lead you to your next development milestone!

  • Blockchain Regtech Education and Focus on a problem statement
  • Expert Mentoring
  • Team Collaboration
  • Work!  and Innovation
  • Pitching for Cash and Prizes

* Access to several keynotes, breakfast, lunch, breaks and a conference wide Cocktail reception at the end of the day!

Sandbox Hackathon Schedule

8:00 AM Registration and Networking

Register in the Atrium and grab some breakfast!  Checkout the Exhibitors gallery and network with participants

8:40 AM VanFUNDING 2017 Opening Keynote(s)

Opportunity to gather in Asian Pacific Hall to listen to VF2017 opening keynote(s)

9:30 AM Regtech Hackathon Begins

Overview of regulatory challenges, event focus, domains covered and how to win

Finalize teams and Introduce mentors

10 AM Expert Mentoring and Work Sessions

Teams start working on their idea and advance their business concept or prototype

Mentors will be available throughout the day to support teams, deliver short talks and AMA

Each team will also be assigned rotating mentors

12:30 PM Lunch

Lunch will be served between 12:30 PM and 1:15 PM

Opportunity to see IBM ‘Lunch & Learn’ Product demo in Asian Pacific Hall

1:20 PM Work Session – Education and more Mentoring

Teams continue to work on their idea

Mentors will be available throughout the day to support teams and provide guidance

3:00 PM Prepare To Pitch

Teams prepare their pitch

Mentors will be available throughout the day to support teams and provide guidance

3:50 PM  Pitching Session

Teams pitch to judging panel

Judges evaluate pitches and give feedback

4:30 PM Winner Announcement

Winners are announced and presented with prizes

5:00 PM Regtech Hackathon Winning Demo/pitch in Asian Pacific Hall

5:15 PM Closing Keynote

5:45 PM Closing Cocktail Reception  

Network with VanFUNDING 2017 GOING MAINSTREAM Blockchain, Fintech & Funding investors, partners and conference attendees!

RegTech Hackathon Areas of Focus:

 

1. Blockchain, Crowdfunding and Smart Contracts

Make it easy, fast and inexpensive to use smart contracts and blockchain to govern equity crowdfunding so that it becomes a more attractive way to raise money.

2. Capital Markets Innovation

Accelerate the efficiency (costs and time), quality (customer service and experience), and integrity (privacy, identification and authentication) of Customer Due Diligence (CDD) processes.  Pick one of:

2A.  Build a solution based on blockchain and share ledger related technologies that will shorten the time needed to process clearing

2B  Create the framework for a solution based on blockchain technology that will streamline and facilitate annual general meetings for reporting issuers.  In developing this solution, consider the following:

  • Automated scheduling of notification, record and meeting dates
  • Electronic delivery of proxy materials
  • Voting eligibility and voting reconciliation
  • Online shareholder participation for items raised from the floor during meeting, and
  • Scalability to permit differing requirements under shareholders local proxy delivery requirements

 

3. Know Your Client (KYC)

Developing a platform to consolidate the information required for the KYC process integrating real-time alerts and triggers by specific events. In developing this platform, consider the following aspects of KYC and authentication:

  1. Enable secure authentication and transmission of documents and contract
  2. Consolidate information required for KYC process that is scalable for local KYC requirements, and
  3. Ensure that information provided is up-to-date and that updates to information can be tracked in an easy-to-understand manner

4. Investor Protection and Investment Literacy

How can technology be used to help investors be better educated to make them aware of fraudulent online or other tech scams.

  • Create a framework for a blockchain-based platform that can be used to gauge the warning signs of fraud for online investments; or
  • a blockchain-based platform that can track the “savviness” of investors (e.g. courses or viewed videos to make them aware of fraudulent activities) which could incentivize investors to participate (e.g. “gamifying” investor awareness)

5. Registration and Compliance (Tracking)

Develop a solution for real time monitoring and tracking of current developments in securities regulation on registration and compliance for registrants, regulators, and policy makers.  For example and as a starting point, this solution should allow users to:

  • Know what and when new regulations are going to be in effect
  • Find up-to-date information on guidance that is published by various regulators, self-regulatory organizations, and industry groups relating to securities regulations and compliance trend

Solutions could also allow for surveillance, centralized access and other mechanisms for facilitating compliance functions or regulatory communication/surveillance.

Financial Literacy for a Sandwich Generation

How can we leverage technology to provide clearer insights and increased ability to navigate the intricacies of those managing ‘multi-household’ finances and assets?  Develop a block-chain based framework that:

  • Responds to financial events and transactions occur in interconnected households
  • Recognizes potential financial impacts to assets, imposed by governing bodies,  and delivers/tracks learning resources as they relate

 

Seeking to:

  • Improve data aggregation and management
  • Advance data analysis and interpretation
  • Allow for real-time compliance and risk management
  • Streamline and reducing the cost of compliance
  • Improve financial literacy
  • Modernize technologies and processes

* Solutions presented must be fast and scalable and support centralized access by regulators and policy makers where possible


Prizes

Over $20,000 in total value will be up for grabs!  (Cash + Awesome Incentives from innovation partners – more coming…!)

Judging Criteria

Judging will be based on the following criteria, with equal weight assigned to each:

Innovation

  • Idea uniqueness
  • Differentiation
  • Creativity
  • Relevance to domain and hackathon theme
  • WOW factor

User Experience

  • Ease of use
  • Workflow
  • Intuitiveness

Pitch

  • Clearly stated problem
  • Solution explained well
  • Market opportunity
  • Market Research

Viability

  • Problem Customer Risk
  • Market Risk
  • Funding Risk
  • Product Risk

Some Reading Materials and Resources:

FAQs

What are the participation Requirements?
Teams may be composed of minimum 3 and a maximum 6 participants.
Can I come ready as a team? Can I participate as an individual
Yes, though we have a limit of six members per team.
I don’t have a team, but still wish to come along, can I do so?
If you are coming in solo and want to work with others, our Monday social is a great opportunity to meet others and form teams. Our goal is to have everyone on a team by the end of the night so we can quickly register the teams on tuesday morning.
Do we own your code?
No, all code is yours. We are here to enable innovation not kill it.
What should I bring?
Generally, you’ll need to bring your computer, a charger and any other devices that will contribute to the application’s creation.
Questions?
If you have any other questions or need more information send us an email at info@ncfacanada.org