Join the Bank of Ghana eCedi Hackathon in Collaboration with EMTECH

Theme: Unlock the Future of Digital Finance with a digital cedi

The growth of “FinTech” has proven the ability to expand financial services to more people and businesses. Looking to the future, could Central Bank Digital Currencies (CBDCs) further enable cheaper, faster and more convenient financial services for everyone?

Bank of Ghana in 2022 successfully piloted both online and offline use cases of the  eCedi  and how it could expand financial inclusion. To continue with this effort, Bank of Ghana, in partnership with EMTECH, invites you to participate in the first ever “eCedi Hackathon”, an exciting opportunity to pioneer transformative solutions in the realm of digital currencies.

Are you ready to shape the future of finance and innovation?

About the Hackathon

Bank of Ghana continues to explore innovative technologies to modernize Ghana’s payment infrastructure in ways that lower cost, increase access and drives usage of digital payments.

CBDCs hold validated potential in all of the stated areas; and Bank of Ghana is dedicated to continuing its journey to innovation. In partnership with EMTECH and other key stakeholders, we look to collaborating with the best talents in Ghana to help address technical challenges to achieving these goals.

The eCedi Hackathon is a cutting-edge competition that brings together the brightest minds in technology and finance to explore the endless possibilities of CBDC. This event is designed to foster innovation, drive technological advancement, and develop solutions that will redefine the Ghanaian financial landscape.

Who Can Participate?

Individuals and teams with a passion for technology and a vision for the future are encouraged to join. Whether you are a software developer, blockchain expert, financial analyst, or simply someone with a passion for innovation, this hackathon is for you.

Use Cases - The Challenges

For the Hackathon, we are looking for innovative ideas that leverage on CBDC tokens and APIs to prototype solutions or develop tools that address a technical problem.

The use cases we are looking for include:

  • Use of eCedi in Merchants transactions (C2B)
  • Use of eCedi for Government payments (G2P)
  • Use of eCedi in Agriculture and Trade (C2B, B2B)
  • Data Privacy while holding or transacting with eCedi
  • Use eCedi for inbound remittance
  • Combatting the use of eCedi for illicit transactions
  • Make the eCedi Interoperable.
  • KYC models / solutions for eCedi
  • Possible models for cross-border payments and transactions

Join Us in Shaping the Future of Digital Finance

This is your opportunity to make a mark in the world of fintech and digital currency. Join us on this remarkable journey as we explore, innovate, and revolutionize the future of finance together.

Stay tuned for more updates, registration details, and exciting announcements.

To stay informed, follow us on: Bank of Ghana’s Social Media Channels to stay informed.

Facebook                       –     @thebankofghana
X(formerly Twitter)      –     @thebankofghana
LinkedIn                        –      Bank of Ghana

Don’t miss out on this historic opportunity to be a part of the digital currency revolution!!

For inquiries and more information, please contact: ecedi@bog.gov.gh,  Tel:+233 30 2739650