Brief
#BuildtheBlock
How blockchain technology could revolutionise the insurance industry
“We’ve set the goal to become closer to our customers – or, as we call it, to become truly customer-centric. We set a target to become the ‘most recommended by our customers’.
Build the Block is brought to you by Aegon, who is an international life insurance, pensions and asset management company with businesses in over 20 countries. Aegon serve more than 26 million customers worldwide. Please follow us on Twitter and remember to include #BuildtheBlock in any photos or tweets!
Blockchain and Hackathon
Do you dream of taking in part of cutting-edge new technology? Are you passionate about applying the latest digital technology and exploring ways in which blockchain can transform the insurance world?
Then read on!
Blockchain technology has the ability to disrupt the insurance industry and change the way we share data, process claims and prevent fraud is intriguing. The insurance industry are actively work with start-ups, regulators and industry experts to figure out the best ways to navigate blockchain’s potential challenges to the realities of the insurance industry . The main aim of the hackathon is for participants to brainstorm and deliver a working prototype using the blockchain technology to revolutionise insurance based technologies.
Themes – Insurance
Imagine a new world where insurance is an integral part of life and plays an immersive role. It is more about securing everything that you hold near and dear- everything that is valuable to you. The solutions of the future could leverage tech stacks in creating new insurance initiatives that will support the changing life routines. The innovation could be in the insurance areas of property and casualty, life and pension. Information sharing, peer-to-peer networks, self-learning systems and automation could potentially be leveraged to create new solutions.
Who can Participate?
The Hackathon is open to anyone, but pre-registration is required. You can be a developer, designer, biz dev person, idea person, or anything in between.
What types of projects can hackathon teams work on?
Hackathon teams can work on any type of project (web apps, mobile apps, wearable solutions, data visualizations, algorithms, even video presentations or visual mock-ups) however all of the hackathon prizes are sponsored prizes for teams that best utilize sponsor technology. Most of these sponsor technologies are only relevant for web and mobile applications, and 95%+ of teams will end up building web and mobile applications.
How do I form a hackathon team?
You can form a hackathon team before the hackathon. Most participants will find teams at the hackathon kick-off either by hearing idea pitches or by finding a project team on the event.
How do project teams get judged?
When it comes to winning a sponsor’s prize, your team is responsible for demoing the project to the sponsor on the given date at the specified time. Sponsors are solely responsible for choosing which teams win their prizes. You must visit a sponsors designated table to get judged.
Who owns the technology that hackathon teams produce?
The teams that work on the projects own the project technologies, however ‘just being a team member’ at the hackathon does not mean that you get to own any code or IP that your teammates (or the audience) produce in the future based on the idea. Any ideas you pitch or share at the hackathon are released into the ‘public domain’ and we do not require attendees to sign non-disclosure agreements! It’s just a hackathon — if you’re worried about people stealing your startup idea — then this might not be the right place to unveil it.
Does the hackathon, its sponsors, or mentors provide any assistance to teams?
Almost all the sponsors are available to help you with your project. We will also have a list of mentors you can contact for specific help.
Schedule
Phase 1: Offline Hackathon
– Hong Kong – Coming Soon
– Singapore – Coming Soon
– Mumbai – Coming Soon
Phase 2: Global Online Hackathon
Coming Soon
AEGON 