RBI launches its First Global Hackathon named HARBINGER 2021

The Reserve Bank of India has launched its first global hackathon named “HARBINGER 2021 – Innovation for Transformation”. The theme of HARBINGER 2021 is ‘Smarter Digital Payments’.
The winner of the hackathon will get a reward prize of Rs. 40 lakh while the Runner-up will get Rs. 20 lakh.

Points to remember:

Name of first global hackathon launched by RBI?
Theme of HARBINGER 2021?

Source: rbi

More about HARBINGER 2021

Who Can Apply?

The eligibility criteria consist of the following:

(i) All entities, teams or individuals (eighteen years and above) who are eligible to enter into a contractual agreement and;

(ii) who possess a Minimum Viable Product (MVP) or a product available on the market or ready to be rolled out in the market and;

(iii) who have an element of innovation or novel application of technology serving common good.

Participants from all backgrounds and geographies are welcome, albeit knowledge about the Indian payment systems market and consumers is preferred. Participants should be open to form an incorporated entity in India if they are winners of the hackathon.

How to Apply?

Please click on the link for registration. https://hackolosseum.apixplatform.com/hackathon/harbinger2021

Once registered, select the problem statement, and submit your proposal.
Please fill in the responses for all the proposal questions.
You may apply for more than one problem statement if you fulfil all the criteria set out in each category.
Your solution can aim to address the needs covered by more than one problem statement.
We are looking at the uniqueness of the proposition and feasibility of the business model alongside to achieve the desired goal.