Blockhack 1.0

Problem Statements at

https://blockhack.cypherlock.club/assets/ps-936ac929.pdf

TRACKS AND THEMES

1. SocialFi applications

The financial revolution of social interactions
SocialFi combines the principles of decentralized finance (DeFi) with social media, creating platforms where users not only engage in social interactions but also participate in financial ecosystems. On the Internet Computer Protocol (ICP), SocialFi applications can redefine the way users interact by giving them complete control over their data. Unlike traditional social networks where user data is harvested and monetized by corporations, SocialFi on ICP enables users to own, manage, and monetize their data directly. ICP’s architecture allows for seamless interaction with smart canisters directly from a web browser, meaning that users can engage with decentralized applications (dapps) without the need for third-party intermediaries. The user onboarding experience on ICP is designed to be frictionless, eliminating the need for wallets and complex setups, thus lowering the barrier to entry for a broader audience.

1. DAO tooling

Decentralised organisations driving innovation

Decentralized Autonomous Organizations (DAOs) represent a new paradigm in governance, where decision-making is distributed among members rather than centralized in a single authority. ICP’s architecture is particularly well-suited for hosting DAOs, as it can manage the entire governance process on-chain, from proposal submission to voting and treasury management. This means that every aspect of a DAO’s operation can be transparent, immutable, and secure, ensuring that decisions are made democratically and without the risk of tampering. ICP’s smart canisters provide a robust framework for building tools that streamline these processes, making DAOs more efficient and accessible. Developers can create specialized tooling to enhance the functionality of DAOs, whether through more intuitive interfaces, advanced voting mechanisms, or better ways to manage and distribute resources.

1. Privacy focused applications

The right to liberty and privacy

Privacy remains one of the most significant challenges in the blockchain space, where transparency often conflicts with the need to protect user data. On traditional blockchains, every transaction and interaction is publicly visible, which can be problematic when dealing with sensitive information. However, ICP introduces vetKeys, a tool that allows developers to build privacy-focused dapps where users can maintain their confidentiality. These dapps can be designed to allow users to control what data is shared and with whom, ensuring that their privacy is preserved without sacrificing the benefits of decentralization. Privacyfocused applications on ICP could have wide-ranging implications, from secure communication platforms to confidential financial services and beyond.

1. RWA DeFi protocols

Real world assets can be virtualised too!
Real World Asset (RWA) tokenization is a transformative development in the DeFi space, allowing physical assets to be represented as digital tokens on the blockchain. ICP’s ability to make HTTPS outcalls from canisters enables the integration of real-world data streams into the blockchain ecosystem, making it possible to create DeFi protocols that bring real-world assets on-chain. This opens up new opportunities for financial innovation, allowing users to invest in tokenized assets such as real estate, commodities, or even intellectual property. By bridging the gap between traditional finance and DeFi, ICP can help create a more inclusive and accessible financial system where anyone can participate in the global economy.

1. Multichain infrastructure and dapps
   Why deploy on one chain when you can deploy everywhere
   The future of blockchain technology lies in interoperability, where different blockchains can communicate and transact with one another seamlessly. ICP’s canisters, equipped with Chain-key signatures and HTTPS outcalls, are designed to facilitate this kind of multichain interaction. This enables developers to create dapps that operate across multiple blockchains, allowing for cross-chain transactions, data sharing, and more. Multichain infrastructure is critical for building a more connected and interoperable blockchain ecosystem, where users can move assets and information freely between different networks. By enabling dapps to interact with other blockchains, ICP can help break down the silos that currently exist in the blockchain space, fostering greater collaboration and innovation.
   
   
2. Decentralized AI
   The AI wave sweeps it all away
   Artificial Intelligence (AI) is one of the most powerful technologies of the 21st century, and decentralizing it offers the potential to create more transparent, fair, and accountable AI systems. ICP provides the infrastructure necessary to host AI models entirely on-chain, allowing them to operate in a decentralized manner without reliance on centralized servers or intermediaries. Decentralized AI can be applied in a wide range of fields, from autonomous decision-making systems to predictive analytics, all while ensuring that the underlying algorithms and data are open, transparent, and verifiable. By eliminating the central points of control, decentralized AI can help mitigate some of the ethical concerns associated with traditional AI, such as bias, lack of accountability, and data privacy issues.
   
   
3. Student Innovation
   Passion drives creativity, Creativity drives innovation
   The Student Innovation track is an open-ended category designed to encourage creativity and exploration in all areas of blockchain technology. ICP offers a versatile platform that students can use to experiment with various aspects of blockchain, from decentralized applications and DAOs to privacy solutions and multichain infrastructure. This track is intended to inspire the next generation of blockchain developers to think outside the box and come up with innovative solutions to real-world problems. Whether it’s creating new financial products, developing decentralized social networks, or experimenting with AI and machine learning, the possibilities are endless. By participating in this track, students can gain hands-on experience with cutting-edge technology, collaborate with peers, and contribute to the future of the blockchain ecosystem

Competition Rounds:

• Round 1: Registration & Idea Submission: Register and submit your innovative ideas and design or prototype in a PPT format, optionally including a video explanation. This phase is crucial for showcasing your creativity and technical skills. 
• Round 2: On-site Hackathon at Chandigarh University: Finalists will develop and present their projects at Chandigarh University. The results will be declared on 21st September, highlighting the top solutions. 

Schedule:

• Registration & Phase 1 Submission: 29 August - 9 September, 2024 
• Finalists Announced: 11 September,2024 
• On-Site Hackathon: 20 September - 21 September, 2024 
• Result Declared: 21 September,2024 

Eligibility:

• The hackathon is open to individuals currently enrolled in undergraduate or postgraduate degree programs.
• Organizers are excluded from participating to maintain impartiality and fairness.

Team Formation:

• The composition of teams should consist of a minimum of three members and a maximum of five members, ensuring a balanced and effective collaboration within each team. 
• Once you’ve registered your team, that’s it—no changes allowed. This ensures that everyone is fully committed and ready to go from the start.
•  Teams are required to adhere to the code of conduct and must avoid creating applications that breach its guidelines.

Project Development Guidelines:

• Participants are allowed to develop their project designs and assets before the official start of the hackathon.
• Projects that have been showcased in previous hackathons are not permitted.
• Each team can submit a maximum of two ppt, with one entry allowed per problem statement.
• Participants may only be part of one team per event, so you cannot join multiple teams. 
• Teams must clearly document the licenses for their projects, either by integrating references on relevant code pages or by creating a dedicated section that details the license.
• Participants must respect intellectual property, avoiding plagiarism.
• Any code that is publicly accessible and used in the project must have its licenses properly enumerated and documented.

Project Submission and Timeline:

• Every team must have a unique and distinctive name.
• All materials submitted must be in English.
• Your code must be accessible via a public repository. This ensures transparency and allows for collaboration and feedback.
• The initial stage of the competition will involve an online submission of your innovative ideas and designs in a PPT format, optionally including a video explanation. This round will test your creativity and technical skills. Please ensure all submissions adhere to the competition guidelines and code of conduct. 
• Problem Statements - blockhack.cypherlock.club/assets/ps-936ac929.pdf
• Finalists will develop and present their projects at Chandigarh University. The results will be declared on 21st September, highlighting the top solutions. 
• Teams must bring their personal laptops, any necessary software and their university ID.

Judging Criteria:

Depending upon the rounds, the eligible submissions would be evaluated either by the event organizers or by a panel of judges representing the sponsors. The Judges' decision is conclusive, and no further correspondence or discussions will be entertained. The criteria mentioned below will serve as the basis for selecting the winners, one from each category.

Round 1:

• Judges will select teams based on the following criteria: 
• Innovation: Does the prototype or design demonstrate creative and unique solutions to the challenge? 
• Impact: What value does the prototype bring to users or the problem it addresses?
• Feasibility: Can the prototype realistically be developed into a functional solution, considering potential limitations? 
• Presentation: How well is the prototype's purpose and functionality communicated in the presentation?

Round 2:

The teams that successfully qualify in Round 1 will undergo assessment in Round 2, as per the below-given criteria: 

• User Experience: How seamless and engaging is the overall interaction for users? 
  Execution: How well is the final product developed with attention to technical details and coding quality? 
• Functionality: Does the final product effectively deliver on its intended purpose and features? 
• Overall Excellence: How well-rounded is the final product in terms of its design, functionality, and execution.

Prizes:

• Cash prizes worth $300 to be awarded to the top performers! 
• E-certificates for participation would be awarded to all the participants. It’s a recognition of your effort and skills.
• If you make it to the final round, you’ll get a special certificate. It’s not just about winning—it’s about making it to the end.
• There are sponsor-specific prizes for winners in different tracks. These will be distributed within 2-3 weeks after the event, according to the guidelines provided by each sponsor.

FAQs:

• What is “Blockhack 1.0”?
  Blockhack 1.0 is a PAN India hackathon organized by CypherLock Club, Chandigarh University to promote innovation                
  and creativity among students.
• Who can participate?
  Blockhack 1.0 is open to registrations to all undergraduate and postgraduate students from all colleges in India.
• Is the hackathon online or offline?  
  Blockhack is a Hybrid Hackathon with two distinct phases in which the finale is held offline.
• How to register for the hackathon?
  Click the register button on the home page and you will be directed to the relevant Google form. 
  Kindly submit the required details and our organizing team will contact you as soon as possible.
• What is the team size to participate in the Blockhack 1.0?
  The teams must have a minimum of 3 members and a maximum of 5 members.
• What are the prerequisites considered for registering?
  Participants may need to have knowledge and skills in areas such as fundamentals of programmming, web/app development, Web3 and so on. But the knowledge part is purely optional, this is open to all so lets have fun.

Note: For further queries you may reach out to Siddhant @ 9453741412 or cypherlockclub@gmail.com