On June 29, the European Commission and the Ukrainian Association of Fintech for Innovation Companies (UAFIC) and the European Association of Digital Finance (EDFA) supported a project to implement tech solutions that should help Ukrainians — pan-European hackathon “Coding Challenge for Ukraine.”
The event’s partner was the global payment system LEO.
The award ceremony took place this past week in Brussels, and was attended by: Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union; Eva Kaili, Vice-President, European Parliament; Oleksii Shaban, Deputy Governor of the National Bank of Ukraine; Kostiantyn Koshelenko, Deputy Minister of Social Policy of Ukraine for Digital Development, Digital Transformation and Digitalization; Petr Očko, Deputy Minister for New Technologies, Czech Ministry of Industry and Trade; Rostyslav Dyuk, Chairman of the Board of the Ukrainian Association of Fintech and Innovation Companies; Maria Staszkiewicz, the President of the European Digital Finance Association; and Mariam Matiashvili, CBDO sponsor of the event — the international payment system LEO.
Around 30 teams from different nations took part in the hackathon, among which 5 finalists were chosen with the best IT solutions to assist refugees, internally displaced persons, war victims, and SMBs, who may contribute to rebuilding a stronger Ukraine.
The final of the hackathon included 6 teams:
- Sigma Software
- SOS Civil Defense Headquarters
European Commissioner, Mairead McGuinness, said:
“I think the very idea and the reason we’re here today is is manifold, but really to support Ukraine. I think this is a fantastic initiative. Since 2014, Ukraine has made immense progress and last week’s announcement from the Council about candidate status is really a recognition of that progress. But of course everybody needs to do more, and we’re here to help.”
Eva Kaili, Vice-President of European Parliament, stated:
“We are acting in a positive manner, creating positive disruption and supporting startups and trying to find hope inside this situation of having a war in Ukraine and at the European borders. So for me it’s an honor to be here.”
The winner among the finalists was the team “AtomicLab”, which received the main prize of the hackathon — 10,000 Euros.
The team’s solution intends to restore Ukraine’s cultural monuments that have been destroyed during the war.
The platform will aim to bring together investors who would finance the reconstruction of the building / monument / cultural heritage and contractors who are able to fulfill the restoration order.
NFT-funded investor attraction, NFT-gallery with filters, and artist rating — all on one platform.
Alyona Shevtsova, CEO of the international payment system LEO, said:
“Coding challenge for Ukraine is a vital initiative, intelligent people, and dozens of comprehensive ideas. International payment system LEO supported this hackathon because it is a priority for Ukraine to integrate fast into the European economy, show our capabilities, and help the vulnerable social groups. We made the way to find the solution that perfectly meets the upper-mentioned goals, and we have a list of other promising teams. It is a fantastic experience for us.”
Congrats to the winners and thanks to the organizers and participants of the pan-European hackathon for searching for viable solutions and ways to help out Ukraine.
The Coding Challenge for Ukraine has become a key opportunity for European teams to show themselves globally, to draw attention to the war and the struggle of the Ukrainian people against Russia’s unprovoked aggression.