IIITM Kerala Bags NITI Aayog Prize at IIT Delhi Hackathon

Students from IIITM (Indian Institute of Information Technology and Management), Kerala have amazed everyone by winning the prestigious NITI Aayog prize in the inaugural edition of Proffer Hackathon held at Indian Institute of Technology, Delhi (IIT-D).

Proffer Hackathon is an international blockchain event was organised by NITI Aayog in collaboration with Proffer, a Harvard-based blockchain start-up from November 10 to November 13, 2017.

The team of IIITM Kerala comprises of Anoop, Adarsh and Nikhil V Chandran of Data Engineering Lab participated in the hackathon along with the mentor Asharaf. The team emerged as winners in the Indian Chain Technology. ‘Agro Chain’ was IIITM Kerala team's award-winning entry.

Also Read: - IIIT Hyderabad Announces Ph.D. Spring Admissions 2018

What is the Concept Behind Agro Chain?

The highlight of ‘Agro Chain’ is to facilitate a blockchain-based transparent place. Here, the consumers and farmers can implement a cooperative farming method. Through this innovative method, the farmers can sort out and list the potential crops and estimated yield on their farm on the distributed public ledger. This innovative method helps the consumers to view the details and check for farmer’s credibility, based on earlier cultivation and supply.

Also Read: 'Apple' to Recruit Students During IIIT Hyderabad Placements

More than 1,900 young professionals and students from 28 countries participated remotely and in person in the event. A panel of judges from Government of India, BoostVC, Harvard, Microsoft, IBM and Coinbase assessed the projects. The main objective of the hackathon was to understand the way blockchain technology can make a difference to economies, governments, businesses and individuals. During the hackathon, students have come up with various innovative ideas.