Hackathon Overview
Hedera Hashathon: Nairobi Edition has recently concluded successfully, with 223 developers participating and 49 projects approved. The event was held online and supported by Kenya Tech Events, the Nairobi Stock Exchange and the Virtual Asset Chamber of Commerce, aiming to promote local innovation and enhance the application of blockchain technology in Kenya.
The hackathon was organized around three core themes: AI Agents, Capital Markets, and Hedera Explorer. Participants developed solutions based on the Hedera blockchain to address challenges in automation, financial inclusion, and digital asset interactions. The event demonstrated the importance of collaborative development through online mentoring and networking opportunities.
The highlight of the event was the Demo Day held at the University of Nairobi, where the finalists presented their innovative solutions and received awards. In particular, the top projects in the capital market will receive incubation support and mentor guidance to promote subsequent development. This hackathon focused on practical applications, highlighting the potential of blockchain technology in reshaping Kenyan industries, promoting technological progress and increasing market participation.
Hackathon Winners
First Place
Hedgehog : An on-chain lending protocol that uses tokenized real-world stock exchange shares on the Hedera network as collateral. By combining stock collateral with blockchain transparency, it ensures secure decentralized lending.
Second Place
Orion : Facilitates easy stock trading in Kenya by tokenizing NSE shares as assets on the Hedera blockchain. Streamlines the securities trading process through integration with Mpesa, enabling efficient digital transactions.
Third Place
NSEChainBridge : A blockchain-based platform that enhances trading of NSE shares as digital tokens through innovative token solutions, improving accessibility and liquidity in stock trading.
Fourth Place
HashGuard : A tokenized micro-insurance platform for boda boda riders using Hedera Hashgraph technology. It provides affordable and instant insurance that is accessible to users without the need for blockchain expertise.
To see the full list of projects, visit DoraHacks .
About the Organizer
Hedera
Hedera is a public distributed ledger platform known for its speed, security, and scalability. Its hashgraph consensus algorithm is a variant of proof-of-stake that provides a unique way to achieve distributed consensus. Hedera is active in multiple industry sectors, supporting projects that prioritize transparency and efficiency. The organization remains committed to advancing the infrastructure of the decentralized web and facilitating secure and efficient digital transactions around the world.
