Cryptonomica News
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Bancor Wins First Place Again at International Startups Competition Finance Magnates
The Floor, along with Intel and the Tel Aviv Stock Exchange (TASE), organized the First International Blockchain Hackathon, which was a success. The hackathon aimed to increase awareness about the potential of distributed ledger technology (DLT) and its use cases. Teams from around the world participated in the hackathon, presenting their ideas to some of the biggest banks in the world. The winners included Bitmark, Tel Aviv University, Cryptonomica, and Bancor. Bancor, which also won a startup competition held by CoinAgenda, developed a Smart Contract-based token conversion protocol. Its native token, BANCOR, will be introduced through a crowdsale on May 30, 2017.
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