Deutsche Bourse to run crypto asset contest

Deutsche Bourse is inviting entry’s for a coding competition to create new business applications for crypto assets, reflecting the increasing interest in virtual currency markets by established financial firms

To be run over two days in March, the challenge will see teams of up to five people compete for the chance to win cash prizes of between EUR5000 and EUR2,500.

The invitation calls on development teams to challenge the Exchange’s core business and present ideas about how the Bourse can get involved in the crypto-asset space, whether through cryptocurrencies, ICOs or even tokenised company shares on private or public blockchains.

“Crypto assets are entering established industries, demonstrating that innovation and change have to be addressed,” says the blurb. “We are confident that the current financial and crypto asset worlds will be benefitting from each other. We want to be part of this movement, and very importantly want to learn about people like you who shape it.”