Developers, IT students, fintech companies, local and international blockchain communities are invited to participate.

The blockchain consortium HyperLedger together with a major Dutch bank ABN AMRO and IBM are organising a hackathon to be held on 1-2 October in the Dutch capital.

Participants will develop applications based on HyperLedger protocol, while others will just watch the process and learn. Teams of up to 6 people will compete for the prize; those arriving alone will be assigned to one of the groups. The winners will receive $110,000 worth of Bluemix license credits, virtual reality headsets, mini 3d-printers and drones.

Hyperledger project was launched in December 2015 year under the guidance of the Linux Foundation software developer. The project is aimed at creating new blockchains with open source code independent of the bitcoin blockchain. More than 80 companies participate in the project, including big banking and finance sector players and software developers such as ABN AMRO, Cisco, CME Group, Deutsche Börse Group, Digital Asset Holdings, Fujitsu Limited, IBM, Intel, J.P. Morgan, NEC, SWIFT and Wells Fargo. In June this year, Hyperledger was joined by Moscow Exchange.

Lyudmila Brus