IBCOL in Saudi Arabian
The Saudi Arabian Blockchain Olympiad (SA-BCOL) is
a nascent national blockchain olympiad committee working with some academic and industry
professionals in Saudi Arabia. For IBCOL 2020, the SA-BCOL will select up to 12 projects to
represent Saudi Arabia on a rolling basis until 15 June 2020.
The International Blockchain Olympiad (IBCOL) is
competition inviting current and recent students to propose solutions for real-world
problems with blockchain technology. In a worldwide hunt for blockchain talent, IBCOL
combines the practicality of case competitions with the open-ended problem-solving culture
of hack-a-thons, where participants submit a whitepaper like an academic conference and
implementations of capstone projects.
- Promoting Awareness on Blockchain Technology & Applications:
around the world will benefit from the experience of participating in the IBCOL program
of activities, which includes seminar series, specialised training and workshops,
mentoring, and networking events besides the actual competitions. This will cultivate a
genuine interest in the area of innovation, originality, creativity and cutting-edge
technology. It will also instill the right ethical values in the younger generation to
pave the way for their further exploration of blockchain in the future.
- Enhancing Employability by Equipping Participants with helpful
prospective and actual participants will benefit tremendously from the IBCOL programme,
as they learn practical skills and knowledge outside their disciplines and push the
boundaries of their comfort zones. Students get a taste of the real world, and learn how
to identify and overcome challenges in actually making something happen.
The IBCOL was founded in 2017 at the height of
cryptocurrency bubble. While most of the world was distracted by ill-conceived ideas or
outright scams, the IBCOL was one of the few that dared to ignore short-term gain for
long-term development of the blockchain ecosystem.