IBCOL 2024 Results

Hogeschool InHolland | 2024 November 21-22

πŸ₯‡ IBCOL πŸ‡·πŸ‡΄ 24RO-11 Paper Dissemination System

Ranked 1st place in the 7th International Blockchain Olympiad (IBCOL 2024)
Also: 2nd place at Emerging Technology Olympiad (ETO) at DigiQuest 2024

We propose a decentralized approach to the paper dissemination and the peer review processes, leveraging smart contracts and NFT-based expert badges to enhance transparency, fairness, and quality in the review process. The system includes features for reviewer remuneration and quality verification.

The current peer review system has issues regarding transparency, inconsistent quality of feedback, and lack of reliable expertise verification among reviewers. This leads to potential biases, superficial evaluations, and challenges in maintaining trust in the review process.

The proposed solution is a decentralized peer review system that uses blockchain and NFT-based badges to ensure transparency, validate reviewer expertise, and fairly reward quality feedback. By reducing centralized control, this system promotes accountability and trust in the review process.

πŸ₯ˆ IBCOL πŸ‡ΊπŸ‡Έ 24US-31 Journal of the Wills

Ranked 2nd place in the 7th International Blockchain Olympiad (IBCOL 2024)
Also: 3rd place at Emerging Technology Olympiad (ETO) at DigiQuest 2024

A system where users can create, sign, and view will documents and more, to produce a comprehensive body of evidence that supports the final will's validity and authenticity so it can be recognized by court with more certainty.

Many people do not have a valid last will and testament, which may lead to family-shattering disputes and devastating results. We discuss a novel solution involving decentralized ledger technology and cryptography, which aims to make the will creation process less overwhelming and more accessible to all, while better proving authenticity and validity of the document.

Not having a will is extremely problematic, and current will creation processes offer low assurance to the testator that their will will be recognized by court and executed. Therefore, a solution is needed to offer the testator a better guarantee that the correct version of their will will be recognized by court as valid and authentic.

Testators, witnesses, and executors interact with an app to create, sign, and view wills, Will Logs, Will Receipt Logs, and more, while lawyers interact with a Distributed Ledger. The architecture is immutable and tamper-proof, so the final will version can be easily discerned.

πŸ₯‰ IBCOL πŸ‡­πŸ‡° 24HK-58 Repro-Trust

Ranked 3rd place in the 7th International Blockchain Olympiad (IBCOL 2024)
Also: 4th place at Emerging Technology Olympiad (ETO) at DigiQuest 2024

The fertility industry has witnessed significant growth in recent years, offering reproductive options to diverse demographics. However, the industry faces significant ethical, regulatory and privacy challenges. In particular, the issue of serial sperm donors who father numerous children has emerged as a critical concern due to the absence of a cross-checking mechanism.

Repro-Trust is a permissioned blockchain solution designed to rebuild the trust on the fertility industry by facilitating confidential and anonymous information exchange among service providers.

Repro-Trust facilitates secure information exchange among service providers, allowing them to track the total number of donations made by a donor while preserving privacy, ensuring regulatory compliance, and eliminating the risks associated with serial sperm donors. The system employs a unique two-level encrypted donor identifier system, a robust checking mechanism, and a stringent onboarding verification process for service providers.

Furthermore, Repro-Trust adopts a sustainable and scalable business model by collecting affordable fees for each donation checking transaction. The fee is distributed via smart contracts, incentivizing participation from service providers and ring signature verifiers.

The implementation of Repro-Trust aims to set a new standard in the fertility industry β€” to enhance the security, reliability, ethicality, and transparency of the sperm donation process β€” thereby fostering trust among all stakeholders.

πŸŽ–οΈ IBCOL πŸ‡§πŸ‡© 24BD-47 LawBlocks

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)
Also: 6th place at Emerging Technology Olympiad (ETO) at DigiQuest 2024

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πŸŽ–οΈ IBCOL πŸ‡§πŸ‡© 24BD-46 Finchain

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)

Finchain offers an innovative solution using blockchain technology that aims to transform procurement platforms by using intricate technologies that make the systems secure, efficient, and transparent.

This proposed framework has the potential to replace the centralized models with decentralized networks run on the Stellar blockchain to have a real-time view and trust of the transaction among the parties.

Features include an SSI system for polarized identity authentication processes, a smart contract for the automation of activities, and ZKP & Homomorphic encryption to fulfill the data protection regulation of different regions.

Not only does it manage to solve procurement operational issues of cost and transaction time, but also brings the value of financial inclusion by extending financial services of Finchain to unserved or underserved populations.

As a system whose architecture is both flexible and compatible with other systems, therefore making it easy to integrate with the current Information Technology frameworks as it establishes a strong, fundamentals-based environment for adoption of future innovations in the sphere of fintech.

πŸŽ–οΈ IBCOL πŸ‡§πŸ‡© 24BD-50 Patient Bio

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)

A secure, decentralized ecosystem empowering patients with control over their health data while enabling seamless, privacy-preserving data sharing across healthcare providers, researchers, and pharmaceutical companies to enhance treatment and innovation

Missing medical records can lead to misdiagnoses, incorrect treatments, and delayed research, putting patient health at risk and increasing costs and inefficiencies in the healthcare system due to disjointed, fragmented data-sharing processes. Addressing these issues by implementing interoperable systems, enabling real-time updates, and empowering patients to control their records can enhance safety, reduce unnecessary tests, support research, and improve overall health outcomes while maintaining privacy.

Our Patient Bio project uses blockchain technology to decentralize medical data, enhancing patient ownership, confidentiality, and transparency, while enabling secure data transfers through a permissioned ledger, smart contracts, and scalable technologies like Web3Auth, Biconomy, and OpenZeppelin. By offering encrypted storage, automated data-sharing agreements, and patient control over access, it promotes trust, reduces the risk of breaches, supports real-time data sharing, and aligns with SDG goals for health, innovation, and justice, providing patients with opportunities to monetize their data safely.

πŸŽ–οΈ IBCOL πŸ‡¨πŸ‡¦ 24CA-19 EcoFare

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)

EcoFare is a bike rental app that crowdsources bikes so users can enact P2P transactions in an abstracted blockchain platform. The larger scale motive for creating this app is to promote non-motorized transportation to developed countries that have high GHG emissions due to motorized transportation and a substantial demand increase for bike rental apps.

Motorized transportation is a significant contributor to GHG emissions in developed countries. However, current bike rental apps fail to address currency exchange issues, offer inadequate incentives, or provide reliable, user-based systems.

πŸŽ–οΈ IBCOL πŸ‡­πŸ‡° 24HK-05 Proof-of-Workout Protocol

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)

The Proof of Workout Protocol (POWP) is a decentralized fitness application built on Ethereum, incentivizing physical activity through gamified fitness challenges and token-based rewards.

Modern lifestyles encourage sedentary behavior and traditional fitness programs often fail due to a lack of immediate rewards and community support, leading to the lack of physical exercise by many.

While digital fitness solutions like apps and wearables exist, they typically lack substantial incentives to sustain long-term engagement, which blockchain technology can address through decentralized management and financial rewards.

By leveraging Ethereum smart contracts and integrating with the Strava API, POWP offers a secure, transparent system that motivates users to stay active by providing token-based rewards for completing verified fitness challenges.

POWP involves users staking ETH to participate in fitness quests. Successful completions earn rewards such as POW tokens, staked ETH, and NFTs, while failed attempts lead to the redistribution of staked ETH among participants.

πŸŽ–οΈ IBCOL πŸ‡­πŸ‡° 24HK-65 Web Pioneers

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)

Insurance blockchain systems can significantly contribute to SDG 9 by enhancing efficiency, transparency, and inclusivity in the insurance industry. Blockchain's decentralized nature ensures that data is tamperproof and accessible to all authorized parties. This transparency can reduce fraud and increase trust among insurers, policyholders, and regulators. Additionally, blockchain can streamline claims processing, reducing the time it takes for policyholders to receive compensation.

By automating processes and reducing administrative costs, insurance companies can allocate more resources to product development and innovation, fostering sustainable growth. Moreover, blockchain can enable the creation of microinsurance products, providing access to financial protection for underserved populations. This can contribute to financial inclusion and promote economic development.

πŸŽ–οΈ IBCOL πŸ‡ΊπŸ‡Έ 24US-30 ReUtainer

Award of Merit in the 7th International Blockchain Olympiad (IBCOL 2024)

SFP is a major contributor to plastic pollution. New York City and Hong Kong generated 1 and 4 billion units respectively last year. The below-10% recycling rate globally, the inconvenience of β€œbring-your-own”, and the sophistication of β€œcomposting” call for more ’Reuse’.

However, traditional β€œreuse” solutions have a low adoption rate due to inconvenience, a lack of trust, and inefficiency.

ReUtainer leverages Blockchain to tackle problems not solved by conventional methods, intending to establish a trusted reusable food container ecosystem supported by shared and distributed washing and delivery services, governed by the community and enabled by Web3 solutions in high-density office districts.

It could eliminate at least 20-30% of SFP (Single-use Foodservice Packaging), or 1-1.5 billion units per year just in New York and Hong Kong alone, and further expand to other major cities globally to save our planet.