Microsoft sponsors the Ethereal Virtual Hackathon
Microsoft sponsors the Ethereal Virtual Hackathon

Microsoft sponsors the Ethereal Virtual Hackathon

By Alfredo de Candia - 29 Apr 2019

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Microsoft has decided to sponsor the Ethereum Ethereal Virtual Hackathon event that will end tomorrow after two weeks of competition.

Microsoft Ethereal Virtual Hackathon

The winner will be awarded 67,000 DAI, made available by Microsoft and other companies, including ConsenSys Lab and JPMorgan.

The contest was based on the development of the decentralised Gitcoin platform, which allows the financing of open source projects. In the last 2 years of activity, Gitcoin has provided over $1 million to over 18 thousand users who have contributed in some way to the development and improvement of several open source projects.

With this event, Microsoft makes it clear how interested it is in blockchain technology, in this case, that of Ethereum. As a result, Microsoft supports 20 projects, ranging from the development of smart contracts for container shipping to the development of smart contracts for insurance companies.

Recently Microsoft had listed Stratis on its cloud computing platform, Microsoft Azure.

In addition, a few months ago, Microsoft and Nasdaq announced that Microsoft Azure would integrate its blockchain technology into the financial network of the NASDAQ (NFF) stock exchange.

The NFF is a technology that offers an infrastructure for trading, allowing for the monitoring of the stock exchange.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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