IOTA Hackathon Reaches Midpoint with Promising Solutions

The IOTA Hackathon has made significant progress in its first half, with 63 teams showcasing their innovative solutions in various domains. The contest's Build Now phase is crucial as it evaluates the quality of product concepts, system architectures, and technical stacks built on IOTA. Teams are leveraging IOTA's programmable layer to develop cutting-edge applications.

Among the submitted projects, trade and supply chain systems dominate with a focus on compliance workflows, cross-border documentation, provenance tracking, and coordination between businesses. Tokenization and financing functions are also being explored by several teams.

Data integrity and privacy are another area of focus for many teams, who are building features like notarization, cryptographic verification, and decentralized identity to keep records tamper-resistant and auditable. Sensitive data is being handled through selective disclosure methods.