Hong Kong — Students from the University of San Carlos (USC) in Cebu came close to bagging the title of the 2019 International Blockchain Olympiad (IBCOL) before settling for the silver medal at the Hong Kong Science and Technology Parks, InnoCentre last July 7, 2019.
The team from USC, composed of Jeremiah Valero, Louise Lumapas and Rannzel Tongco, led by their professor Cris Militante, entered their brainchild “MediSure”, an anti-counterfeit-drug blockchain.
It is intended to add integrity to the pharmaceutical supply chain by leveraging blockchain as a way to detect and stop the spread of counterfeit drugs.
The Philippine Consulate General in Hong Kong, represented by Consul Sheila Monedero-Arnesto, served witness to the Philippine team journey in the competition giving encouragement for the team to continue developing their ideas in science and technology and contribute to the country’s development.
The two-day Olympiad, organized by the City University of Hong Kong-College of Business, the Hong Kong Science Park, and the Hong Kong Blockchain Society, is a multidisciplinary design and building competition wherein students from all over the world solve real-world challenges with private, secure, and decentralized applications. Their aim is to promote the value of blockchain as a more important technology than bitcoin or cryptocurrencies.
This is IBCOL’s second year of holding the competition. The sole team from the Philippines bested 30 other teams from Hong Kong, Taiwan, Canada, Mainland China, United States and Estonia.