MANU/RPRL/0098/2023

Ministry : Reserve Bank of India

Department/Board : Press Release

Press Release No. : 2022-2023/1719

Date : 14.02.2023

Reserve Bank of India launches its Second Global Hackathon - HARBINGER 2023

Reserve Bank is organising its second global hackathon - "HARBINGER 2023 - Innovation for Transformation" with the theme 'Inclusive Digital Services'. The Hackathon invites participants to develop solutions that have the potential to make digital financial services accessible to the differently abled, facilitate efficient compliance, extend the reach of Central Bank Digital Currencies and enhance the scalability of blockchains.

HARBINGER 2023 invites innovative ideas for the following problem statements:

i. Innovative, easy-to-use, digital banking services for differently abled (Divyaang).

ii. RegTech solutions to facilitate more efficient compliance by Regulated Entities (REs).

iii. Exploring use cases/solutions for CBDC-Retail transactions, including transactions in offline mode.

iv. Increasing Transactions Per Second (TPS)/ throughput and scalability of blockchains.

Being part of HARBINGER 2023 gives an opportunity to the participants to get mentored by industry experts and exhibit their innovative solutions before an eminent jury and win exciting prizes in each category.

Winner: ` 40 lakh

Runner-up: ` 20 lakh

Registration for the hackathon starts from February 22, 2023. More details about the event are available at https://fintech.rbi.org.in.

(Yogesh Dayal)
Chief General Manager