Events and News

Events and News

iGrant.io brings a blockchain challenge to the arctic chain hackathon

Event Details

  • Type: Press Release
  • As on: 06 May 2019

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Description

Stockholm, Monday 6 May 2019: LCubed AB, together with the Boden Business Park and Boden Business Agency, is organising the second edition of the Arctic Chain Hackathon in Boden, in the far north of Sweden, from 7-9 May.

In search of the best programming solutions and business ideas, the organisers are inviting creative people to compete in the development of blockchain technology in the context of the GDPR and consent management. Either alone or in a team, competitors will be challenged to implement an application on LCubed AB’s iGrant.io platform that uses citizens’ preferences or consents to bring about a social change – referred to as ‘enabling democracy’.

For LCubed AB co-founder, Lotta Lundin, the social dimension of the hackathon is as important as the technology challenge, giving as an example the need to ensure the rights of children to privacy when being photographed or filmed, particularly in a public environment. Likely scenarios would involve not only the children themselves, but also their parent or guardians, as well as their school teachers. The aim would be to ensure that all data is used, stored and exchanged with the appropriate level of consent depending on the context and the age of the child.

According to LCubed AB founder, Lal Chandran, “The company is very excited at this opportunity to demonstrate the flexibility and applicability of the iGrant.io personal data and consent mediation platform to real world problems many of which are supported by the GDPR. We are also thrilled to be launching a blockchain platform for the purposes of the hackathon to evaluate the value that it brings to the process of consent management and our solution in particular. We know this event is going to inspire everyone involved.”

The competitor who comes up with what is judged to be the most successful real case application or business idea will win SEK 50,000.

About LCubed AB

LCubed AB is a Swedish company founded in 2017 and based in Stockholm. It develops and markets iGrant.io, a cloud-based personal data and consent mediation platform that enables a fully transparent and trustworthy data sharing economy.It supports organisations, both private and public, to unlock the value of personal data in a fully compliant manner and to give individuals control to easily determine how their data is used. Apart from lowering the cost of legal compliance to data protection regulations, such as the GDPR, iGrant.io provides companies with a flexible solution to both establish and maintain trust with their customers based on transparency and respect in how personal data is used.

For more information, please visit iGrant.io and @iGrant.io as well as #consent, #GDPR, #GDPRCompliance, #dataRegulation, #RegTech, #personalData

For investor queries:
Lotta Lundin, Co-Founder, LCubed AB, Sweden
T: +46 730 371 100
E: lotta@igrant.io

For marketing & media queries:
David Goodman, Chief Evangelist, LCubed AB, Sweden
T: +44 7866 360 800
E: david@igrant.io