Software Design Contest for Global FX Marketplace Using the Distributed Ledger Technology Pioneered by Bitcoin

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Lykke is launching a contest for the best software design of a global FX marketplace using the blockchain. The Competition will take place from October 8, 2015 to December 14, 2015.
  Lykke is a movement that aims to build a global marketplace, where all assets and instruments can be traded. The marketplace uses the distributed ledger technology pioneered by Bitcoin and offers immediate settlement and delivery. The Lykke goal is to provide everyone around the globe direct access to the marketplace. The Lykke founders are technology experts with deep experience of the internal mechanics of the global financial market system. Their goal is to build an efficient FX marketplace that seamlessly integrates with the existing banking system. Richard Olsen, one of the founders, is academic and entrepreneur. He is a pioneer of new technology in finance and co-founded OANDA. In 2001 OANDA revolutionized the FX market by launching a trading platform without discrimination for small traders and second-by-second interest payments. The competition will run in three stages with 21 prizes in total: 16 prizes of 500’000 Lykke coins or 2000 USD for winners of the first stage; 4 prizes of 1’000’000 Lykke coins or 4000 USD for winners of the second stage; in the final stage, there is a prize of 2’000’000 Lykke coins or 8000 USD that goes to the winner of the competition. The winner will receive a total of 3’500’000 Lykke coins or 14000 USD for winning all three stages. The winner will lead the software implementation of the marketplace. Recipients of the prizes can choose, if they prefer Lykke coins or cash. The invite to the competition is available at www.lykkex.com and the details of the competition are posted at wiki.lykkex.com.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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