Group Wins Hackathon Competition

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    Team Cosmos Constellation (C-Stell) emerged as winners of the //Re:Code Nigeria Hackathon 2018 themed, “Data Hack.

    The event was sponsored by Access Bank Plc in partnership with Africa Fintech Foundry (AFF).

    The team was part of the 115 groups of talented developers, designers, problem-solvers, out-of-the-box thinkers, and code magicians that participated in the event.

    //Re:Code Nigeria Hackathon is an event that brings together developers from diverse background in Nigeria to collaborate in providing innovative solutions to help resolve some of the Nation’s toughest challenges in the financial services industry.

    Participants were grouped into 26 teams to provide solutions to three problem statements and pitch their solutions to the judges within a time frame of 48hours.

    The winners went home with a cash prize totalling about N5 million, among other prices.

    The winning team this year, Cosmos Constellation (C-Stell), created a system to minimise demurrage contributed by human errors by creating a system that uses optical character recognition to fetch text from scanned documents.

    It also provides notifications to minimise demurrage and offers the tracking of shipments across ports.

    Team Ace came second place with their solution called TrackIt. They created a system that not only views and gives up to date tracking of shipments, but can check analytics and provide information of all payments accrued and shipments in process or honoured in real time.

    Third position went to Team BAT (Building Awesome Technologies). They created a Smart assistant which leverages Imputed data set, Unsupervised Deep-learning algorithm and Internet of things to aid and guide the users in making informed decision while keeping engagement simple

    Speaking at the event, AFF’s Business Solutions Architect, Adeleke Adekoya, said, “At AFF, we are known to lead and deliver a comprehensive digital strategy and be at the forefront in providing innovative technological solutions leading to significant improvements in customer satisfaction. We organize Hackathon to bring indigenous technological solutions to the global stage, and showcase Nigeria’s strides and solutions in the Fintech and technology space as this will rapidly unlock new economic opportunities and accelerate our development as a nation.”

    Executive Director, Access Bank Plc, Victor Etuokwu, said for Fintech to thrive in Nigeria, a framework that encourages innovation and ensures consumers are protected must be in place.

    “At Access Bank, we have a track record of technological innovation and as a leading Bank in driving digital banking in Africa.

    We seek to create new opportunities in emerging markets by providing a platform designed to inspire and challenge innovators and entrepreneurs, as such we have partnered with AFF and leveraged on our global platform to further foster innovation, drive entrepreneurship as well as economic development,” he stated.