This article was first published on Chainlink
Information and communication technology has fundamentally changed the way governments operate, both internally between agencies and externally with the public, driving more efficient and effective ways of sharing information, providing services, and facilitating civic involvement. Now with the continued maturation of blockchains, smart contracts, and oracle technology, a similar transformation is underway in how governments track and manage value within society, opening up novel methods of improving the efficiency, transparency, and trust of government services.
As a means of expediting these exciting new possibilities in government technology, we’re excited to announce that through the Chainlink Community Grant Program and in partnership with the Mayor’s Office of Reno, Nevada, we are offering a new GovTech Prize at the Spring 2021 Chainlink Hackathon, running from March 15 to April 11. The $5,000 GovTech Prize will be awarded to the hackathon project that uses Chainlink-powered smart contracts in a manner that offers the highest potential to deliver meaningful GovTech innovation. Such impacts include but are not limited to helping city governments become more transparent, upgrading urban infrastructure to be smarter and IoT-enabled, enhancing social participation within governmental systems, and improving communication between federal, state, and local governments.
The goal of the GovTech hackathon award is to encourage developers to think of unique and impactful ways in which data-driven smart contracts can reduce government costs, increase public trust, strengthen social cohesion, and achieve a larger social impact through better allocation of public resources. As part of the partnership, Mayor Hillary Schieve of the City of Reno will serve as a judge for determining the winner of the GovTech category. Some initial ideas to get developers thinking about potential solutions include:
- Fraud Prevention: Verifying citizen IDs and detecting fraud in government services using tamper-proof and/or transparent tracking systems that monitor government-funded projects, initiatives, or ...
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