The hackathon for reducing global wealth inequality using decentralised technology was won by a prototype for a system that encourages citizens to be checked for diabetes in return for GoodDollar tokens.
GoodDollar, a not-for-profit research hub that explores how decentralised cryptocurrencies and blockchain technology may enable models based on universal basic income (UBI) with the central aim of reducing global wealth inequality, held the inaugural Hackinequality event in Tel Aviv on March 14 and 15.
The judging panel, after much debate, agreed that the three-person t2d team – made up of Jesse Medina, Lior Yaffe, and Yaron Shmaria – had done enough to see off competition from the other eight social impact projects.
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The team won the US$2,500 first prize, though the money was of secondary importance, with their contribution for social impact by far the more valuable.
Nine teams had 16 hours to work on their projects at the eToro offices in Bnei Brak, and their dedication was commendable. Most of the talented 35 participants – including programmers, analysts, designers, user experience experts, blockchain enthusiasts – burnt the midnight oil. In all around 50 people attended Hackinequality – an impressive turnout for the first event of this kind.
Those in attendance included Ron Adam, the Israeli ambassador in Rwanda and former deputy representative of Israel in the United Nations,