BlockchainMegaminds wins Icertis’ AI/ML and Blockchain Hackathon.
At the grand finale held in Pune early this week, ‘BlockchainMegaminds’ came out as the winner of Icertis’ AI/ML and Blockchain Hackathon. The hackathon, focusing on AI, ML and Blockchain was kicked-off online in October. It attracted almost 10,000 participants across India. Out of these 1,306 passed through to the final submission phase.
The Hackathon challenge required the teams to build a web and mobile interface, develop and train their AI/ML algorithms and utilize appropriate cloud services including the Microsoft Azure Blockchain as a Service.
The winning team, BlockchainMegaminds’ innovative solution utilized ML models to analyze crop distress & weather patterns. It then harnessed Blockchain-enabled smart contracts for instant and automated claim settlements to those adversely affected by crop failures and natural disasters. They claimed a grand prize of Rs 5,00,000 and an all-expenses-paid trip to Seattle, a global hub of innovation in cloud computing.
I would like to thank all the 10,000 participants in the Hackathon. We were amazed by the range and depth of submissions and the sheer quality of talent on display. It also underscores the talent across the nation and strengthens our resolve to nurture original thinkers and support the communities that are so vital for innovation to thrive! We are looking forward to welcoming the winning team to Seattle”
Monish Darda, CTO & Co-Founder, Icertis.