A hackathon can bring more innovation to the financial world for all parties involved. The Bitcoin ecosystem is no different in that regard, as people are looking for additional use cases when it comes to spending the popular digital currency. Or in some cases, obtaining bitcoin can be as equally as hard.
During the recent Bitcoin Miami Hackathon, various groups of developers took it upon themselves to cobble together a concept to boost Bitcoin adoption throughout the world. As is the case with any of these hackathon efforts, some of the most innovative designs start to come to fruition, without losing track of the convenience factor associated with bringing a new financial solution to the masses.
The two runner ups were Berlyn – focusing on micropayments for the Bitcoin world – and TXR.io, a startup working on making Bitcoin invoicing more convenient for businesses. Both of these companies received a cash price of $3,000 and $1,500 USD, respectively.
But the big winner was BitMine, the application that wants to solve the problem of novice users who struggle to make a connection with Bitcoin. While the popular digital currency offers multiple advantages to consumers all over the world, not everyone can relate this concept from the start. BitMine wants to tackle that issue head-on by spreading their app to people who can go to select stores and collect bitcoins.
https://news.bitcoin.com/bitmine-apps-wins-first-prize-miamis-bitcoin-hackathon/