Money20 / 20, the world's largest event for payments and innovation in financial services, announced today the launch of the "Money20 / 20 Hackathon & # 39; which will be held from October 31 to November 2, 2014 at the Aria Resort & Casino Convention Center in Las Vegas, just before the kickoff of Money20 / 20 2014, which will take place from November 2nd to 6th.
The Money20 / 20 Hackathon will host hundreds of talented developers, designers, and entrepreneurs who will compete in teams of one to five members over a 36-hour period. Each team will be challenged to develop FinTech applications using Application Programming Interfaces (APIs), Software Development Kits (SDKs), and other tools from 10 of the world's leading innovators in payments. and financial services, including Blockchain.info, Chain.com, MasterCard, Mercury Payment Systems (a Vantiv company), ModoPayments and PayPal.
The ten winning teams will share a total prize pool of $ 125,000, with five cash prizes of $ 20,000 and five of $ 5,000 provided by Money20 / 20. The winning team will also have the $ 20,000 prize money. opportunity to present its solution as part of the Launchpad360, an exclusive program of Money20 / 20, which offers companies a forum to present their cutting-edge innovation to thousands of investors, media and other participants in the ecosystem Launchpad360 participants from last year have since raised more than $ 65 million in venture capital.
Money20 / 20 will provide qualified participants with an allowance of $ 250 to cover travel, accommodation and other expenses. Attendees can also participate in a series of other events, including a Halloween party on Friday nights as well as judging and award ceremonies that close off on Sunday.
"What's interesting for Blockchain, in its participation in Money20 / 20, is to provide the most reputable, complete, reliable and fastest industry-leading Bitcoin product suite in the industry, as developers and the creative can use to create software for the future of the payments industry, "said Nicolas Cary, managing director of Blockchain.info. "We are already the leading API provider for thousands of Enterprise Bitcoin companies, and we look forward to being that same partner for thousands more to come."
For more information on the Money20 / 20 Hackathon and to register or sponsor, visit http://www.money2020.com/money2020-hackathon .