CPRAS and the BBFTA have launched the Fairer Finance Hackathon which runs from 1-30 September to hack the poverty trap and end the debt spiral so we can help some of the neediest in society get access to fairer finance.
Created to harness the brightest minds in tech towards one of our greatest social needs, programmers and technologists will be working virtually throughout September to re-invent access to credit by solving the following core challenge.
The challenge is to re-imagine Direct Debits as Direct Credits by combining three readily available technologies: An “open banking” service, a marketplace platform and a digital wallet into a single web application empowering people with a more natural and intuitive way to budget, plan and cope with day to day financial challenges.
We have some fantastic cash and other prizes offered by CPRAS and by our partners at the British Blockchain and Frontier Technologies Association including opportunities for revenue sharing for the most successful participants and a year’s mentoring.
Interested to sign up? All the hackathon details including pre-registration, technical specifications etc are at www.fairerfinancehackathon.com.