UAE Ministry of Community to launch Blockchain Competition

He emphasised that the deadline of receiving the applications for the competition is 1st February 2020. All participating applications will be evaluated, winners will be announced and prizes distributed during the UAE Innovation Month on February 2020. Prizes are divided as follows: AED30,000 for the first place, AED20,000 for the second, and AED10,000 for the third place.

The "Social Blockathon" competition themes are based on key topics including: blockchain solutions for various use cases, applications for people of determination, applications of senior citizens, social awareness applications, social care applications, family applications. The idea must be completed and implemented on time, using pre-designed software and applications are not allowed, the implemented application should be either a site or a smart application that coincides with Blockchain. The intellectual rights of the participating applications are for the party that proposed it, while the intellectual property rights of the participating and winning applications are owned by the Ministry of Community Development.

The judging criteria for the "Social Blockathon" competition are based on themes: accuracy, security, innovation and application, easy usage, scalability and connectivity with other applications and systems, as well as the quality of the final report and presentation. It is noted that "Blockathon" is a two section short cut word "Blockchain and Marathon", where Blockchain means applications that work through this innovative technology "Blockchain", while marathon refers to the endurance race. Therefore, the term "Blockathon" has become world widely recognized of software races for "Blockchain" applications.