Track 3d: Cross-Border - "Impacts"

Cross-Border with Fintech Integrations

Track 12 - Impacts. Social changes & mechanisms, radical markets


Lastly, the third hackathon theme is Cross-Border with fintech and social integrations. The 4 tracks — Gateways, Corporate, Regional, Impacts — emphasize the real-world value for business and communities across countries. Toward unbundling of banks, our developers can replicate many centralized services like fiat exchanges, over-the-counters, credit cards, or even corporate finance. Many global business and most decentralized teams are already facing the pain of scaling beyond tens of teammates and countries — dealing with employee payrolls, retirement benefits, medical insurance, and expense compensations. Fortunately, cryptography primitives like auditable privacy will make accounting and tax compliant for business on public blockchains.

Now is also the prime time to innovate on consumer marketplaces and social incentives on blockchain. Radical markets mean self-assessed taxation and quadratic stakes; mechanism designs focus on revealing true preferences and multi-round auctions. Both on blockchain can make retail loyalty programs or commerce logistics far more efficient — or even bring social changes in the form of basic income and retrospective funding for public goods. (more)

Talking about real impact : we should have projects like these participate

Track 12: Cross-Border - “Impacts”

In this category, we emphasize the real-world value for business and communities across countries. Toward unbundling of banks, our developers can replicate many centralized services like fiat exchanges, over-the-counters, credit cards, or even corporate finance. Many global business and most decentralized teams are already facing the pain of scaling beyond tens of teammates and countries — dealing with employee payrolls, retirement benefits, medical insurance, and expense compensations. Fortunately, cryptography primitives like auditable privacy will make accounting and tax compliant for business on public blockchains.

Now is also the prime time to innovate on consumer marketplaces and social incentives on blockchain. Radical markets mean self-assessed taxation and quadratic stakes; mechanism designs focus on revealing true preferences and multi-round auctions. Both on blockchain can make retail loyalty programs or commerce logistics far more efficient — or even bring social changes in the form of basic income and retrospective funding for public goods. (more)

Strategy: Decentralized Basic Income: Creating Wealth with On-chain Staking and Fixed-Rate Protocols

Examples: payroll, frax’s consumer index, create wealth

Harmony Developer Guides: Getting Started , Harmony Stack and Projects, Deployed Contracts

Harmony Hackathon Repository : Has sample projects and links to hackathon information

Sources for Ideas

For more information on Harmony’s Ecosystem and projects of interest see here.

Potential ideas include

  • corporate finance,
  • loyalty points
  • social impacts

Research and Repositories

Additional Developer Links

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