UAE’s brightest minds to take part in Bybit’s crypto hackathon in the UAE

by MMC
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DUBAI, United Arab Emirates, September 29, 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, partners with the American University of Sharjah (AUS) to create an inter-university hackathon, empowering young people. to develop new AI and cryptography models.

Dubbed the “CryptoAI BUILDER Challenge,” this initiative represents an important milestone in the partnership between AUS and Bybit, aimed at driving the growth of Web3. Bybit believes that young people will play a vital role in crypto adoption and is therefore the main contributor to the AED 80,000 prize pool.

The CryptoAI BUILDER Challenge is part of Bybit’s commitment to becoming the global Crypto Ark, providing a safe journey towards the promise of a decentralized financial system, which is not controlled by any central power. At this event, numerous teams will compete to design innovative technical solutions to various challenges encompassing artificial intelligence, gaming and blockchain security.

The registration period will begin on September 29 and will continue until October 8. Interested students are encouraged to visit the official event website to register and secure their place in this groundbreaking competition. From October 9 to 13, expert judges will pre-select the most promising proposals.

The highlight of the hackathon will be a live event, scheduled for November 3-5 at AUS. During these intense days of live coding and collaboration, participants will have the opportunity to refine their projects and present their final prototypes to a distinguished jury.

To enrich the participant experience and provide valuable insights, a series of parallel workshops will also be organized throughout the hackathon. These workshops will cover various topics related to artificial intelligence and its applications in the crypto industry, led by Bybit experts and industry thought leaders.

“The AUS-Bybit Hackathon is a strategic investment in tomorrow’s innovators,” said Ben Zhou, co-founder and CEO of Bybit. “We can’t wait to see how today’s brilliant minds leverage AI to push the boundaries of the crypto industry.” Events like this are essential to fueling the ideas that will shape blockchain’s role in the advancement of financial technology.

“We are excited to collaborate with Bybit for the CryptoAI BUILDER Challenge, providing university students in the UAE a unique opportunity to explore cutting-edge technology.” said Dr Imran Zualkernan, Professor and Head of the Department of Computer Science and Engineering at AUS. “By bringing together the best talent from across the country, we aim to create an environment conducive to exploring the synergy between AI and cryptography, unlocking the potential for innovation. With the support of Bybit, a leading name in crypto, attendees will have access to valuable resources to shape the future of AI and crypto.

Distributed by African Media Agency (AMA) in the name of Bybit.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find a lightning-fast matching engine, excellent customer service, and multilingual community support. Bybit is a proud partner of the reigning Formula 1 Constructors’ and Drivers’ Champions, Oracle Red Bull Racing Team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports .

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