Malaysian Institutions of Higher Learning Compete in NEM “Blockchain the Future” Merdeka Hackathon
by Kevin Wong
To further create a vibrant Blockchain technology ecosystem in Malaysia and to raise awareness about Blockchain adoption among higher learning institutions, NEM Malaysia had organised its inaugural Merdeka Hackathon.
Themed “Blockchain The Future”, the hackathon was held at NEM Blockchain Centre NBC during the Malaysia Day long-weekend where public and private universities and colleges competed.
In addition, the hackathon matched blockchain use of cases and business challenges with potential solutions powered by NEM Blockchain technology.
Among the 14 participating higher learning institutions, Team BC-LUL from University of Southampton was awarded the top position for their blockchain solution.
The solution was a system that allows anyone to invest in the property market through a blockchain token, or digital assets.
The solution was designed to make property investments as easy as online shopping while to solve the problem of unoccupied and unsold properties in Malaysia.
The business challenge was posed by UEM Sunrise Bhd, one of the country’s leading property developers.
BC-LUL team leader Chia Tze Hank, team leader said, “We gained a good amount of experience during the NEM Merdeka Hackathon, especially on the technical aspects.
“We had a technical problem while working on our hackathon solution and with the coaching of the NEM technical trainers, we managed to move forward,” he said.
He added that the NEM Merdeka Hackathon gave his team real-world business problems which was an experience on how it like in an actual working situation.
Meanwhile, NEM Foundation Southeast Asia project director Lance Cheang said blockchain technology and its innovations are revolutionising how data and information is being managed across various industries.
“The Merdeka Hackathon is one of our key initiatives to educate students and educators on the practical applications of Blockchain technology.
“Our aim is to support them in their efforts to incorporate it as part of their curriculum and research programs, to prepare them for a blockchain-enabled world,” he said.
Full list of winners & awards:
1st: Team BC-LUL from University of Southampton Malaysia
2nd: Team Quadraplet from Taylor’s University
3rd: Team HOTBLOCKS from KDU University College
Most Impactful Solution: Team SquareChain from KDU University College
Most Innovative Solution: Team Dollarchain from University of Malaya
Most Promising Solution: Team Error101 from University of Malaya