BNB Chain Reveals Proof of Concepts for Q3 2024 Hackathon

BNB Chain has announced the Proof of Idea for its upcoming Q3 2024 Hackathon, offering participants a chance to win over $500,000 in prizes. According to the BNB Chain Blog, the event is supported by sponsors including Polyhedra Network, Dora Factory, DEGO Finance, TUSD, Sonorus, THENA, Stakestone, MyShell, and Hacken, providing the ultimate opportunity for blockchain developers to showcase their skills and innovate.

Key Dates

Proofs are digital signatures of structured data used to build more trust on the chain. The BNB Proof Service (BAS) is an infrastructure built into the BNB ecosystem to generate proofs for verifying information. BAS helps users verify on-chain or off-chain, allowing them to claim ownership of proofs by storing them in Greenfield, ensuring data privacy and access control.

gambling

The BNB chain aims to lead the dynamic field of blockchain games by adjusting its infrastructure to meet the demands of game logic and economy.

Proof idea

• Proof of personality: We develop tools that enable individuals to use biometric information to provide cryptographic proof of identity while protecting their privacy.
• Game Achievements: Check and confirm new in-game achievements and unlocks earned by the user.
• In-game item ownership: To secure ownership of in-game items, we verify and authenticate all item transfers to their rightful owners.
• Leaderboard: Demonstrates various achievements achieved by players and displays them on the leaderboard.

of society

Transform social networks with blockchain technology. A decentralized social network should be a crypto-native platform that supports a variety of social features such as social graphs, messaging, live streaming, and content sharing.

Proof idea

• Social Graph: Using BAS as the foundational layer of a social graph allows for a truly decentralized and interoperable social network. Proofs provide a way for users to securely and selectively share data with others while maintaining control over their privacy.
• Know Your Customer (KYC): Builds a foundational layer for credentials that allows a wide range of organizations and services to provide proof of different aspects of an individual’s life (education, work experience, and other credentials).
• Reputation System: BAS allows proof of trust scores and relative experience to be recorded off-chain on the BNB chain or in greenfield, providing a secure and tamper-proof reputation record.

payment

Build a consumer payment experience with seamless and efficient payment options for users, and drive broader adoption and usability within the ecosystem. BNB Chain also provides a comprehensive solution to further optimize user experience by building a dedicated payment layer 2 (L2). In addition, BNB Chain’s stablecoin is eager to work closely with these payment platforms.

Proof idea

• Transaction receipt: Provides an immutable transaction receipt that provides additional context and allows both parties to independently verify it.
• Verified Merchant Certification: Build buyer trust by verifying seller authentication, transaction history, and customer satisfaction ratings.
• Refunds and Returns Authenticity: Establish a system that verifies refunds and returns so all parties can confirm and agree on the order status.
• On-chain invoice verification: Establish the creditworthiness of a particular address by verifying invoices and ensuring timely payment.

Getting started with BAS

Those who wish to participate can follow the BNB chain to receive the latest development news.

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