“White Square” is a supporter of this year’s hackathon.

The event aims to bring together young innovators, developers, and entrepreneurs in Georgia. Around 80 participants worked continuously on their ideas over the course of 48 hours. The hackathon’s prize fund amounted to $10,000 and was distributed among the teams that placed first, second, and third. This year’s first prize was awarded to a team called Manifold. The young innovators developed a platform that accelerates and reduces the cost of data processing required for training artificial intelligence.

As part of the hackathon, “White Square” proposed its own challenge to the teams — “Tokenization in Real Estate?!”. As a leading player in the development sector, the company is confident that tokenization will bring significant benefits to the real estate industry. Several teams expressed interest in the topic proposed by “White Square” and worked continuously on developing this idea from November 14 to November 16.

Within the framework of the hackathon, “White Square” also selected its favorite team. The young students created a blockchain-based platform that ensures the security of apartment purchases and verifies construction stages.

“A hackathon is a platform where interesting and innovative ideas are generated, primarily involving young, aspiring entrepreneurs. Supporting projects of this kind is extremely important to us,” says Irakli Burdiladze.