November 27, 2018
Infinity Blockchain Labs (IBL) and its collaborative partner, Infinito, are ecstatic to celebrate the achievements of Infinito Phoenix in Helsinki Finland for JUNCTION 2018! Among other fantastic achievements, Infinito Phoenix won the blockchain track and ranked as one of the top teams out of the 300 best developer teams from around the world! IBL and Infinito were there every step of the way to provide guidance and support to help lead the team to success! Not only is this an outstanding achievement for this talented group of students, their success represents a bright future for the youth of Vietnam and IBL’s relentless passion to empower the country’s youth.
Up against some of the most talented developers in the world, Infinito Phoenix managed to win the blockchain track with an innovative solution based on user experience to stun the judges. NEO along with other key players and developers elected Infinito Phoenix as the best project in the blockchain track. Amongst a fierce competition composed of 300 (!) teams formed from 1,200 of the world’s best young developers representing 105 countries, Infinito Phoenix was the only Asian team in the final pitch of eleven teams. Although Infinito Phoenix was not the overall winner, they managed to impress and catch the eye of recruiters for massive tech companies such as Facebook, SAP, Ericson, and Digital Mckinsey.
This remarkable amount of talent displayed by all the young developers at Junction 2018 and the willingness of key tech players to recruit represents a new world for the future of the tech industry. Even the biggest key players in the industry can be moved and disrupted by the innovations of young talented developers made over the course of 48 hours. Key players need to be attentive to such events and maintain flexibility in developing business plans while endorsing smaller-scale startups to foster the explorations young innovators around the world. Best of luck in the future, boys!
Infinito Phoenix’s path to Junction 2018 was far from easy. After weeks of preparation, the team won their tickets to Junction 2018 with their astounding win at JUNCTIONxHanoi 2018. In Hanoi, the team competed against the most talented and brightest developers from all over Vietnam. The team won for their creative blockchain-based solution for loyalty point exchanges between franchises.
In preparing for their trip to Finland, the team diligently researched and brainstormed new ideas to meet the harder NEO blockchain track at the global competition. The requirements for Finland’s more difficult and competitive blockchain track were entirely new to the team, so the students had to thoroughly test technology frameworks from their core. Not only did the team have to embrace a new and unfamiliar foundation, they had to creatively apply it to functional real-world applications.
Infinito Phoenix is made up of five second and third-year students from the University of Technology, Hanoi National University, Phạm Minh Tuấn, Vũ Tùng Dương, Lưu Quang Tùng, Lâm Hà Thái, Hoàng Sơn Tùng. The team has been friends since taking the same class in their university and have been researching blockchain technology together since.
In Finland, the team worked relentlessly alongside their mentor and advisor, Infinito’s Product Manager, Mr. Jackie. Pham, to create a creative solution to win the blockchain track. Over the course of 48-hours, the team worked relentlessly into the early hours of the morning to create a practical blockchain-based solution that won based on all judging criteria.
Infinito Phoenix was not alone at JUNCTION 2018 as they were supported by IBL and Infinito. As a co-sponsor, Infinito provided the technical support as well as financial support for their journey to Finland. IBL attended the event to event to provide motivation and support for the team.
This support is above and beyond the support already provided by IBL and Infinito at hackathon JUNCTIONxHanoi 2018. In addition to IBL’s Platinum sponsorship of JUNCTIONxHanoi 2018, Infinito and IBL also organized seminars to help the team clearly understand the track and clarify technical concerns. Also, the team received wonderful and enthusiastic mentoring by Infinito’s Jackie Pham and the rest of the Infinito team at the event who assisted during the 48 stressful hours.
IBL’s support of Infinito Phoenix extends long before JUNCTIONxHanoi 2018. Three members of Infinito Phoenix attended IBL’s Asia Blockchain Education Lab (ABEL) at the University of Technology, Hanoi National University and it contributed to the team’s future success. In addition to teaching the fundamentals of blockchain, ABEL exposed those team members to the potential of this technology and motivated them to continue researching and applying blockchain technology in practice.
In recalling his IBL blockchain lab at his university, Tung Duong explained that “the concept of blockchain is quite new in Vietnam but, we did not feel overwhelmed when entering the Blockchain track because we had the opportunity to learn and research about blockchain when we attended IBL’s Asia Blockchain Education Lab at the University of Technology, Hanoi National University. Attending this course provided the most fundamental knowledge about blockchain technology, helping us further recognize the potential of this technology and motivate us to continue researching and applying blockchain technology in practice”
As a global blockchain pioneer, IBL is committed to education and inspiration through partnerships with top universities as well as designated outreach programs throughout the country and region. IBL has agreements with more than ten leading universities such as the University of Technology, Hanoi National University along with relationships with more than twenty others.
Junction is the largest hackathon event in Europe and one of the largest events held annually in Helsinki. The event brings together thousands of developers, designers, and entrepreneurs from around the world to work on solutions for multiple challenges (tracks) from local and multinational companies including legal tech, space, AI, big data, mobility and more. Junction challenges come from companies like Finnair, European Space Agency, Kone, Elisa, Nordea and more.
Junction is a part of Major League Hacking and is also the largest hacking event in Europe. Junction is a volunteer-based, non-profit organization composed mainly of students from different Finnish universities. It is owned by the non-profit foundation Startup Säätiö, but gathers all of its funding from the partnership contracts between its partner companies.
Infinity Blockchain Labs (IBL) is a visionary R&D company committed to advancing society with next-generation solutions. We are currently the blockchain ecosystem leader in Vietnam with a global reach. Our mission is to be the R&D engine that transforms future technology into practical applications for business and everyday life. Named one of the top ten blockchain technology solution providers in 2018 by APAC CIO Outlook, our 200+ employees at IBL aspire to empower Vietnam to become the global leader in blockchain research and development.
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