BNB Chain Unveils Attestation Ideas for 2024 Q3 Hackathon

Rebeca Moen Aug 10, 2024 03:05

BNB Chain announces attestation ideas for its 2024 Q3 Hackathon, with over $500,000 in prizes. Key tracks include gaming, social, and payments.

BNB Chain has announced its attestation ideas for the upcoming 2024 Q3 Hackathon, offering participants a chance to win over $500,000 in prizes. According to the BNB Chain Blog, the event is supported by sponsors such as Polyhedra Network, Dora Factory, DEGO Finance, TUSD, Sonorus, THENA, Stakestone, MyShell, and Hacken, providing a prime opportunity for blockchain developers to showcase their skills and innovate.

Key Dates

Attestations are digital signatures on structured data used to build more trust on-chain. The BNB Attestation Service (BAS) is an infrastructure built on the BNB ecosystem for generating attestations to verify information. BAS assists users in on-chain or off-chain verification, allowing them to assert ownership of attestation by storing them in Greenfield, ensuring data privacy and access control.

Gaming

BNB Chain is tailoring its infrastructure to support the demands of gaming logic and economics, aiming to lead the dynamic sector of blockchain gaming.

Attestation Ideas

• Proof-of-Personhood: Develop a tool that allows individuals to make cryptographic attestations proving they are unique human beings, using biometric information while ensuring their privacy.
• Game Achievements: Verify and confirm new in-game achievements and unlocks earned by the user.
• In-Game Item Ownership: Ensure the security of in-game item ownership by verifying and attesting to the rightful owner and all item transfers.
• Leaderboard: Attest to various achievements a player achieves and showcase them in a leaderboard.

Social

Innovate on the social network with blockchain technology. The decentralized social network should be a crypto-native platform that supports various social features such as social graph, messaging, live streaming, and content sharing.

Attestation Ideas

• Social Graphs: Using BAS as the base layer for social graphs enables the creation of truly decentralized and interoperable social networks. Attestations provide a way for users to securely and selectively share their data with others while retaining control over their personal information.
• KYC: Build a base layer for attestations that would allow different organizations and services to provide attestations about different aspects of a person’s life, such as education, work history, and other credentials.
• Reputation System: With BAS, attestations about trust scores and relative experiences can be recorded on BNB Chain or off-chain in Greenfield, providing a secure and tamper-proof record of reputation.

Payments

Build a consumer payment experience with seamless and efficient payment options for users and foster broader adoption and utility within the ecosystem. BNB Chain also provides a comprehensive solution to build a dedicated payment Layer 2 (L2), further optimizing user experiences. Moreover, stablecoins on BNB Chain are enthusiastic about collaborating closely with these payment platforms.

Attestation Ideas

• Transaction Receipts: Provide immutable transaction receipts that offer additional context, allowing both parties to verify them independently.
• Verified Merchant Accreditation: Enhance buyer confidence by verifying a merchant’s accreditation, transaction history, or customer satisfaction ratings.
• Refund & Return Authenticity: Create a system where refunds and returns are attested, ensuring all parties acknowledge and agree on the order status.
• Onchain Invoice Verification: Verify an invoice and confirm timely payments to establish the creditworthiness of specific addresses.

Getting Started With BAS

For those interested in participating, follow BNB Chain to stay updated on the latest developments.

Image source: Shutterstock

• bnb chain
• hackathon
• blockchain
• web3