Tel-Aviv Stock Exchange (TASE) announced that it is hosting the International Blockchain Hackathon along with Intel and The Floor on March 29-30, 2017.

The International Blockchain Hackathon is supported by- HSBC, Intesa Sanpaolo, Deutsche Bank, CTBC, Accenture, and KPMG. The hackathon will provide the opportunity for entrepreneurs and startups to drive new applications, demonstrate technological capabilities and create business opportunities for new blockchain ventures.

“The vast changes in the business and financial environment, especially those pertaining to new and advanced technologies, create great opportunities for the financial institutions in general and TASE in particular. These changes also mean that we must constantly innovate in order to remain relevant and up-to-date. We are proud to co-host the joint International Hackathon and are certain that TASE's professional experience and openness to implement new products and technologies will ensure that we can both contribute to the participants and benefit from creative ideas and innovative solutions,” Ittai Ben Zeev, CEO of TASE, said.

Israel has positioned itself as the hotspot for the blockchain hackathon, driven by its unique experience with fintech, cryptography and cyber. At present, numerous Israeli entrepreneurs and start-ups are developing a wide range of blockchain applications.

The services provided by the International Blockchain Hackathon are based on the business challenges to be introduced by The Floor’s financial partners.

“As an international Fintech hub working with some of the largest banks in the world, we believe that the highest potential for Blockchain-based technologies is right here in Israel and this hackathon is an exciting opportunity for developers, entrepreneurs and different companies to implement the technological knowledge for the banking industry and position Israel as a leader in this field,” Avi Cohen, co-founder/CEO, The Floor, stated.

Entrepreneurs, makers and tech companies interested to participate are invited to take part in the International Blockchain Hackathon that requires prior registration and is free of charge.