Hackathon Alert! Space and Earth Observation technologies for the Financial World
The largest European space and earth observation hackathon is back with its 4th edition. This time the CASSINI Hackathon will challenge you to use geospatial and space technologies to develop new products and services that contribute to the future of finance, insurance, and investments. You will be tasked to develop ideas that help enable green and sustainable investments, introduce new risk and damage assessment products, and help investors make better data-driven decisions that reduce risk and exposure.
The CASSINI Hackathons and Mentoring, initiated by the European Commission, is a series of six hackathons that tackle global challenges using European space technologies. Now in its fourth edition, this hackathon provides access to European space data, information and signals from Copernicus, Galileo and EGNOS, plus other valuable tools to help participants with pressing challenges. The top ideas will be awarded at both local and EU levels, and the overall winners will enter a six-month mentoring programme that includes 100 hours of customised expert mentoring.
Here’s what to expect
The hackathon will take place on 4-6 November 2022 at ten locations across Europe, including Barcelona, Lausanne, Turin, Strasbourg, Antwerp, Frankfurt am Main, Maribor, Prague, Vilnius and Espoo. Each site features its own unique set of experts, prizes, and additional special features. Participants can select any location they wish.
Your team will choose to solve one of three challenges, all related to the theme of the European financial industry:
- Enabling green and sustainable investment: Develop products, devices, or services to enable green, sustainable, and impactful investments. For this challenge, participants are encouraged to dive into the areas of social/environmental impact investing, ESG and SRI focused portfolio development, sustainable business operations and carbon offset trading.
- Innovating financial tools and technologies: Develop products, devices, or services to create new or improved forms of insurance and financial instruments for businesses and consumers alike. For this challenge, participants are encouraged to dive into the areas of traceability for banking and financial institutions, claims and damage assessment, risk modelling and risk assessment, novel and innovative insurance products, index production, and financial software or mobile applications.
- Advancing global financial intelligence: Develop products, devices, or services to advance global financial and market intelligence. For this challenge, participants are encouraged to dive into the areas of commodities trading, stock market intelligence, and financial risk reduction.
No previous space experience is required! This is your chance to engage with the sector, even if it’s for the first time, as the event aims to bring together individuals from diverse backgrounds. The application process couldn’t be easier: Simply choose a challenge and decide how you’ll leverage EU space technologies to reshape the European financial industry. Learn more and register here: cassini.eu/hackathons
Now is your chance to become part of this exciting European initiative to promote EU Space technology and its many applications. Hack with a purpose and leverage EU space data, services, and signals to strengthen and transform European financial services! Use your ingenuity and drive to advance the digitalisation and greening of the European financial sector today.
Did you like the article? Read more and subscribe to our monthly newsletter!