HO CHI MINH CITY, Vietnam., Oct. 06, 2021 (GLOBE NEWSWIRE) — The Nationwide Pitching Day and Award Ceremony for the Worldwide Blockchain Olympiad 2021 (IBCOL 2021) – Vietnam Nationwide Choice Spherical (VN-BCOL) was held by YellowBlocks – the Head of the Nationwide Organizing Committee, and the co-organizers: Hub World, Nationwide Startup Assist Middle (NSSC, below the Ministry of Science & Know-how), Vietnam Nationwide Pupil Affiliation Hanoi Chapter, Tech Founder Institute, RedFox Labs, and LaunchZone.

The Vietnam Choice Spherical for IBCOL 2021 was held for greater than two months, buying greater than 100 whitepaper submissions from Vietnamese undergraduate and postgraduate college students throughout the nation. Most submissions got here from college students from top-tier universities in Vietnam, equivalent to VinUniversity and RMIT College.

On the Nationwide Pitch Day, the highest three staff contestants received prizes totaling $5,000, awarded by the Headline Sponsor RedFox Labs. The highest six finalists have been revealed and given the chance to be the representatives of Vietnam to take part within the Closing World Spherical, held nearly on October 8-10, 2021, in Bangladesh.

The Worldwide Blockchain Olympiad (IBCOL) is an annual world competitors that invitations present and up to date college students to suggest full options for real-world issues with blockchain expertise. The IBCOL 2021 theme revolves across the utility of blockchain expertise in seven areas: e-Authorities, FinTech, HealthTech, EduTech, Identification/Privateness, Provide Chain Provenance, and Doc/Authentication.

That is the second time Vietnam has participated within the competitors together with over 59 nations from the Americas, Asia-Pacific, Europe, Center East, and Africa.

  • The Champion: LifeLink with the venture “A blockchain-based platform utilizing Federated Studying to empower AI in medical analysis with out centralizing and sharing affected person information”.
  • 1st Runner-up: Group ⁣KidKat – “Blockchain-based Youngsters Trafficking Prevention System”.
  • 2nd Runner-up: DLA Squad – “A Blockchain Utility for Electrical Automobiles Battery Leasing Service Administration”.
  • Advantage Awards: The Blockers with the venture “Certchain”; Trang Le with the venture “Blockchain Know-how In Healthcare”; and ViFaChain with the venture “Vietnamese Meals Export Traceability & High quality Administration System”.

Sharing ideas on the VN-BCOL 2021, the Champion “LifeLink” stated: “Being chosen to affix the World Closing Spherical at IBCOL performed a vital step in making our thought in actuality. Our thought was impressed whereas present process the Covid 19 pandemic. We realized that AI expertise may very well be utilized to hurry up vaccine analysis, predict symptom severity, and save extra lives. Nonetheless, the applying of AI raises issues concerning the leakage of affected person data, which is a big barrier. Realizing the potential of AI in treating not solely Covid-19 but additionally in different critical ailments equivalent to most cancers, continual, we thought that ‘AI must be greatest utilized to save lots of extra lives. affected person’, however on the similar time, we have to respect the affected person’s proper to privateness.”

Ms. Kimiko Doan, the Founding father of YellowBlocks and Head of the Nationwide Organizing Committee made her commentary: “In 2020, three Vietnamese Representatives joined the IBCOL and received the Award of Advantage on the World Closing Spherical (HebiLife from RMIT College Vietnam). In 2021, Vietnam participated within the IBCOL for a second time. This yr’s whitepapers are of nice high quality, displaying the team-contestant’s tutorial information and skill to make the most of blockchain in observe. Following the Nationwide Pitching Day and Award Ceremony, we are going to transfer into the Mentoring Spherical the place staff contestants are given the chance to attach with and be mentored by main blockchain specialists. I consider that many younger blockchain professionals from Vietnam shall be nurtured because of IBCOL, serving to promote the Vietnam blockchain ecosystem to the world.”

Moreover, Mr. Ben Fairbank, the Founding father of RedFOX Labs defined “RedFOX Labs is thrilled to be part of the Blockchain Olympiad (VN-BCOL) and to work alongside our esteemed colleagues. The Vietnamese expertise is one thing the entire nation will be happy with, and we stay up for seeing Vietnam represented on the world stage. RedFOX Labs launches corporations within the quickest rising sectors of the web financial system, so we’re effectively versed in what an organization should overcome to go to market and achieve success. We take nice satisfaction in serving to to unearth the subsequent massive corporations out of Vietnam and are honoured to be part of this occasion.”

Based on the Head of the Nationwide Organizing Committee for VN-BCOL, YellowBlocks, The World Closing Spherical of IBCOL 2021 shall be held on-line from October 8-10, 2021. For additional data, please go to: https://www.ibcol.org

The Closing Ceremony and Awards Ceremony have been livestreamed and obtained 1,200 views on Fb’s “Vietnam Blockchain Olympiad.” The livestream welcomed the participation of Mr. Le Toan Thang, a consultant from the Nationwide Startup Assist Middle (below the Ministry of Science & Know-how). Different individuals included representatives from the Board of Companions of RedFox Labs, LaunchZone, Tech Founder Institute, Hanoi Pupil Union, RMIT College Vietnam, VinUniversity College, Vietnam Blockchain Company, ABCD Tech Vietnam, Vietnam Blockchain Innovation, Barefoot Ventures…

About IBCOL 2021
The Worldwide Blockchain Olympiad (IBCOL) is an annual world competitors that invitations present and up to date college students to suggest full options for real-world issues with blockchain expertise.

Extra on the Vietnam Choice Spherical (VN-BCOL): https://yellowblocks.org/ibcol2021
Extra on the Worldwide Blockchain Olympiad (IBCOL): https://www.ibcol.org/

About YellowBlocks
YellowBlocks is the trusted Vietnam tech gateway to offer native insights, premiere networks, and enterprise / advertising and marketing / tech methods for main corporations in rising tech (ABCD – AI/ML/Robotics, Blockchain, Cloud, Knowledge).

Web site: https://yellowblocks.org

Picture: https://www.globenewswire.com/NewsRoom/AttachmentNg/fa799490-25e1-441a-b57f-4be7d86c9423

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