Hackathon Venezuela 2019: Banking and Finance
The "Hackathon Venezuela 2019: Banking and Finance" was the third edition of the Hackathon Venezuela and focused on the design and development of mobile apps to promote the use of electronic channels in the Venezuelan banking system. Those interested in participating had to register multidisciplinary teams and focus their solutions on the challenges related to banking through the use of blockchain technology. The winning applications will be incorporated to the public banking platform in Venezuela.
Institutional design
Formalization: is the innovation embedded in the constitution or legislation, in an administrative act, or not formalized at all?
Frequency: how often does the innovation take place: only once, sporadically, or is it permanent or regular?
Mode of Selection of Participants: is the innovation open to all participants, access is restricted to some kind of condition, or both methods apply?
Type of participants: those who participate are individual citizens, civil society organizations, private stakeholders or a combination of those?
Decisiveness: does the innovation takes binding, non-binding or no decision at all?
Co-governance: is there involvement of the government in the process or not?
- Formalization
- only backed by a governmental program or policy
- Frequency
- single
- Mode of selection of participants
- open
- Type of participants
- citizens
- Decisiveness
- democratic innovation yields no decision
- Co-Governance
- yes
Means
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Ends
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