Company: European Investment Bank

Deadline: May 25th

Call definition

From June 13th to June 15th, 2018, the European Investment Bank’s Finance team is inviting its 25 major counterparties in the banking sector to an annual forum to reflect on common issues, such as financial instruments processing, regulation, infrastructure or organisational set-up.

This year’s forum will be a special edition. Based on the experience of a big data project in 2017, the team is organising the EIB Blockchain Challenge, applying innovative technologies to optimise treasury transactions.

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The blockchain Challenge

At the EIB Blockchain Challenge, the first competition of this kind organised at the EU bank, a group of 40-60 motivated coders are invited to use blockchain and process automation technologies to revolutionise transaction processing.

The selected coders will compete for two days (and two nights!) to propose a blockchain solution to a given financial instrument. To meet the challenge, coders will benefit from the expertise of renowned fintech experts, the EIB team and their main banking partners on the spot.

The offer

Participating in the EIB Blockchain Challenge offers you the possibility to:

  • Take advantage of the mentoring by senior staff of over 25 international banks
  • Co-connect with senior management and bank experts as well as coders from all over Europe
  • Win a cash prize *
  • Implement for the winner of the competition its prototype within EIB and turn it into a real solution that can shape the banking of tomorrow

Deadlines & Additional information

Any blockchain specialist with good coding skills is invited to apply today and no later than May 25th.

Few spaces for UI/UX specialists and developers will be available as well, however, it is on a first-come-first-served basis.

Applications will be reviewed on an ongoing process under EIB team’s discretion.

Company background

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The EIB is the European Union's bank. It is the only bank owned by and representing the interests of the European Union Member States. It works closely with other EU institutions to implement EU policy.

It is the world’s largest multilateral borrower and lender. It provides finance and expertise for sustainable investment projects that contribute to EU policy objectives. More than 90% of its activity is in Europe, but it also is a big investor around the world, as well as a leading player in the European Venture Capital market supporting innovation an entrepreneurship through its sister organization European Investment Fund which invests into innovative high-tech SMEs in their early and growth phases.

Questions?

Visit EIB’s website or write at blockchain-challenge@eib.org