In a recent interview, Moises Cohen, the co-founder of The Floor, told Finance Magnates that “ten years from now there will be 500 blockchain startups in Israel.” His fintech hub is dedicated to connecting Israeli startups with global financial institutions, and is doing its part to ensure blockchain technology is in the mix.
Later this month, computing giant Intel and The Floor will host an International Blockchain Hackathon with the participation of several world leading banks. Starting March 29, developers are invited to 36 hours of non-stop coding and networking with other programmers and blockchain market leaders at the prestigious Tel Aviv Stock Exchange venue.
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The hosts explain that each team should develop a working prototype of a banking and financial services industry solution, based on pre-defined usages. The hackathon requires the solution to be built using one of the common blockchain platforms (Ethereum, R3 Corda, Hyperledger Sawtooth lake, Hyperledger Fabric, Bitcoin or others).
They are inviting participants from corporations, startup companies, university students, and independent developers from all over the world. All you need is a laptop and commitment to developing your solution with blockchain technology
The Floor, which was founded in early 2016, has enlisted the support of institutions such as KPMG, Accenture, Banco Santander, HSBC, Intesa and Sanpaolo, to offer fintech entrepreneurs and start-ups a platform to collaborate with financial institutions, technology companies and venture capitalists. As members of the hub, the firms evaluate potential innovations for their clients and their own strategic investments as well as offering executives to serve as mentors for start-ups.