A Platform for Blockchain Innovation and Collaboration

Dive into specialized workshops that unravel the intricacies of Web3, NFTs, and smart contracts.

Join us for a three-day event that’s more than just a gathering and let’s explore the innovative potential of the XRP Ledger and how it can transform the global payment landscape.

Cyprus Tech Odyssey: XRPL Hackathon 2024 is a collaborative initiative between Ripple and the University of Nicosia (UNIC). This unique event promises a blend of insightful discussions and hands-on experiences, all centered around the transformative potential of the XRP Ledger (XRPL).

The event will kick off with an engaging fireside chat featuring the UNIC CEO, where we’ll delve into the future of finance and Ripple’s exciting roadmap. This session, open to students and stakeholders alike, aims to foster a diverse dialogue on the innovations shaping our financial landscape. Following this, immerse yourself in a two-day deep dive comprising structured workshops and an XRPL hackathon. Whether you’re keen to explore topics like Web3, the future of finance, or the intricacies of XRPL, or eager to showcase your blockchain prowess, this event offers a platform for all.

The XRP Ledger

  • The XRP Ledger – or XRPL – is a decentralized, permission-less, open-source blockchain that anybody can contribute to, develop on make transactions. With ease of development, low transaction costs, and a knowledgeable community, it provides developers with a strong open-source foundation for executing on the most demanding projects—without hurting the environment.
  • The XRP Ledger was the first blockchain that allowed assets to be tokenized. The built-in tokenization capability and built-in decentralized exchange of the XRP Ledger make it perfect for developers to add decentralized token management to their apps, regardless if their assets are fiat currency, cryptos, NFTs or something else.
  • The XRPL Hackathon is accessible to any developers (or non-technical individuals) who want to learn more about the XRP Ledger and build on it. You can utilize any of the XRP Ledger’s SDKs and APIs in production or on testnet. Additional resources can be found here and documentation here, where you can learn anything related to the XRP Ledger, from the fundamentals to developer tools that will help you validate your software.

Who Should Participate

The Cyprus Tech Odyssey: XRPL Hackathon 2024 welcomes all forward-thinkers eager to delve into the world of blockchain innovation. The hackathon values the diverse perspectives and expertise that shape this dynamic field.

The event extends a warm invitation to:

Developers

For those driven by innovation and a passion for creation, this platform offers an opportunity to showcase ideas, especially those aligning with the thematic areas.

Contributors

Experts ready to mentor, organizations interested in sponsorship, and individuals with resources to support the event will find their contributions pivotal to the meetup’s success.

Industry Leaders

Tech firms in Cyprus and partners at the forefront of blockchain infrastructure are encouraged to share their insights and guide collaborative efforts.

Government Officials

Representatives from the Ministry of Research, ISO committee members, legal experts, and other influential figures are sought to add depth and direction to the discussions.

Challenges

Participants in the Cyprus Tech Odyssey: XRPL Hackathon 2024 are encouraged to channel their innovative prowess into the following thematic areas:

01

Reinventing insurance

Challenge: Traditional insurance models are often inefficient, plagued by lack of transparency, delayed claims processes, and high operational costs. This leads to a trust deficit between insurers and policyholders.

Leverage blockchain technology to create transparent, efficient insurance models. Develop decentralized applications (dApps) on XRPL that streamline claims processing, enhance fraud detection, and foster trust through smart contracts. This innovation can lead to more personalized insurance products and real-time risk assessment.

02

Identity management

Challenge: In the digital age, identity theft and data breaches are rampant, posing significant risks to individuals and organizations. Traditional identity management systems are centralized, making them vulnerable to attacks and privacy breaches.

Implement blockchain-based identity management solutions using XRPL. These solutions can offer secure, immutable, and user-controlled identity verification processes. By tokenizing personal identity on the blockchain, individuals can have greater control over their personal data, enhancing privacy and security.

03

ESG Data Collection

Challenge: Accurate and transparent Environmental, Social, and Governance (ESG) data collection is challenging. Companies often struggle with data integrity, verification, and reporting, leading to skepticism about the authenticity of their ESG claims.

Develop a blockchain-based ESG reporting and verification platform on XRPL. This platform can ensure the integrity and transparency of ESG data, allowing for real-time tracking and reporting. Smart contracts can automate data verification, making ESG reporting more reliable and accessible to stakeholders.

04

Real-Estate Transactions

Challenge: Traditional financial systems are often restricted by geographical boundaries, have high entry barriers, and are subject to centralized control and regulation. This limits accessibility and innovation in financial services, especially for unbanked and underbanked populations.

Utilize XRPL to revolutionize real-estate transactions. Develop blockchain solutions that streamline the buying and selling process, enhance transparency, and reduce fraud. Implement smart contracts for automated and error-free processing of transactions, and create a decentralized ledger for property and title records. This approach can significantly reduce transaction times, lower costs, and increase trust and accessibility in the real estate market.

Timeline

Agenda

Rules

Requirements

  • Projects submitted must involve the XRP Ledger in some way.
  • Submissions must include a video demo showing the features that were developed during the hackathon. A live demo is also accepted (and encouraged). The submissions must also include a PowerPoint presentation with the project pitch.
  • Project submissions must be made by 15:00 (UTC+3) on 20th January 2024.
  • Any work on your project that was completed prior to the hackathon must be mentioned in your project submission.
  • Any non-team-created software or intellectual property you utilize in your project (for example, software libraries or design assets) must be mentioned in your project submission.
  • You must not utilize in your projects any software or other intellectual property for which you do not have a license (for example, software libraries or design assets).

Eligibility

  • Teams can have from 1-5 members.
  • Individuals can only work in one team.
  • Each team can only submit a single project.

Prizes

1st winner

$5,000 in XRP

2nd winner

$3,500 in XRP

3rd winner

$2,000 in XRP

Best project for social good

$1,500 in XRP

Judges

Klitos Christodoulou

Assistant Professor, UNIC

Dan Wallace

Ripple

Luc Bocahut

XRPL Commons

David Bchiri

XRPL Commons

Leonidas Katelaris

UNIC

Marios Touloupos

UNIC

Registration

Register Your Team

Register yourself and your team to participate in the workshops and hackathon

Register to Support

Register to attend as a contributor, industry leader or government official

Co-Organizers

This work is funded by the Ripple’s Impact Fund, an advised fund of Silicon Valley Community Foundation (Grant ID: 2021-244121). Link: ubri.ripple.com