The Blockchain Social Impact Challenge, powered by the Summit Institute and the CoreTech Foundation, invites the world to submit ideas in the form of well-defined proposals to solve a social issue using blockchain technology. All questions identified below must be answered to qualify for the Challenge. The winning entrepreneur will attend Summit at Sea, the premiere gathering of entrepreneurs and thought-leaders of our time, taking place from November 9-12, 2016 Summit at Sea offers endless opportunities for next generation social/tech ideas and concepts. The Summit community is filled with innovative entrepreneurs, social activists, investors and public figures who can bring the required resources to the table to turn ideas into real social enterprises.
How would you use blockchain technology for social good? The CoreTech Foundation and the Summit Institute are challenging you to submit your best idea to help address a social problem by leveraging the power of the blockchain. We are looking for creative and innovative ways to use this technology to help make the world a better place.
The Challenge Breakthrough
We're committed to advancing some social cause in a meaningful and sustainable way using the power of blockchain technology.
As noted above, the winning entrepreneur will attend Summit at Sea, the premiere gathering of entrepreneurs and thought-leaders of our time, taking place from November 9-12, 2016 Summit at Sea offers endless opportunities for next generation social/tech ideas and concepts. The Summit community is filled with innovative entrepreneurs, social activists, investors and public figures who can bring the required resources to the table to turn ideas into real social enterprises.
What You Can Do To Cause A Breakthrough
What is Blockchain Technology?
The Blockchain is a software-based permissionless public ledger of ownership and value transfer between individuals and companies. Ownership can constitute anything, including: property, medical records, currency, invoices, equity tranches, etc. Some of the key features of the blockchain include the following:
Purpose of the Challenge
We want to help change the world by delivering a solution that becomes commonplace, changing the welfare of an entire population, and solve issues that affect humanity. We also believe in the power of the blockchain and want to leverage that power for greater social impact.
About HeroX: HeroX was co-founded in 2013 by XPRIZE founder Peter Diamandis, challenge designer Emily Fowler and entrepreneur Christian Cotichini as a means to democratize the innovation model of XPRIZE. HeroX exists to enable anyone, anywhere in the world, to create a challenge that addresses any problem or opportunity, build a community around that challenge and activate the circumstances that can lead to a breakthrough innovation. Learn more at herox.com.
About the Summit Institute: The Summit Institute (SI) is the nonprofit arm of The Summit Series. SI’s platform serves in conjunction with our already strong social mission, allowing us to formally take action when problems arise that resonate strongly with our extended global community. Learn more at summitinstitute.com.
About the CoreTech Foundation: The CoreTech Foundation helps nonprofits use technology for social good. Thanks to the open source movement, we're placing traditionally expensive and sophisticated technology in the hands of the nonprofit world, so they can implement virtually any software-driven solution using our scaling platform and consulting services. To that end, CoreTech built an application platform called CORE, to help build solutions capable of impacting lives around the world, like this, this, and this. Learn more at coretechfoundation.org.
The Challenge is open to individuals and teams, with OR without a technical background. To be eligible to compete, you must comply with all the terms of the Challenge as defined in the Challenge-Specific Agreement.
Submissions can be made in teams or individually.
No! The challenge is open to folks with or without a technical background. That being said, competitors should have a clear understanding of blockchain technology and its application, particularly as it relates to their proposed solution.