A global hackathon capitalizing on Santander’s Digital Trust Hackathon protocol and the need to innovate around how data is shared, verified and trusted.
The world’s digital footprint is expanding, with more and more activities being handled online. At the same time, the COVID-19 pandemic is amplifying societal challenges that were already in place, including identity verification and data privacy. At Santander, we are working to help with new trust verification services built on top of expanded OpenID capabilities.
Refuting the view that digital channels are fundamentally untrustworthy, the Digital Trust Hackathon encourages teams to come up with ideas to help both companies and individuals thrive securely in a digital world—avoiding risks ranging from delays in important agreements, purchases or services to fraud, identity theft and financial losses.
Challenge and opportunity
Businesses need to move faster to adjust to today’s rapidly evolving changes and to remain competitive—and individuals need to interact and transact easily and safely online. To do that, we all need to be able to trust each other.
The new Santander Trusted OpenID services verify and validate identity anda data of the person or business you are interacting with online. Leveraging this capability, what solutions can you build or improve upon to take advantage of current opportunities?
A few examples:
- Integrate DT with existing services that need to prove identity, age, nationality, address, etc.
- Build your own electronic signature service
- Use DT data validation capabilities to create a loan service based on users bank records
- IoT fan? Imagine how you can combine it with DT.
- Get creative!
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Awards:- $15,500 in prizes