Applications will be opened to participants across the continent. The Hackathon structure will be Hybrid (Physical and Virtual). The physical event will hold in AFF premises for Lagos and a designated location by CBN in Abuja.
Innovators will develop use cases for eNaira in the following target areas. There is also an option to innovate outside these areas [Wildcard Innovations].
This will focus on the inflow of foreign currencies
Exploring various products that will bring banking services to the unbanked
Solutions that will improve payments across various countries
Leveraging on the new agreement to improve Intra-African trades
Improve macroeconomic management and growth in the country and continent at large.
Facilitating cross-border trades between various countries in Africa and across the ocean
Exploring various products that will bring banking services to the unbanked
Exploring various solutions to efficiently manage the supply and demand of money in the country
Improving the infrastructure for payments and ensuring little to no failures
Efficiently collecting taxes for the government and ensuring debtors are easily recognized and charged
Improving the flow of foreign currencies into the country and ensuring it is properly recorded
Easily carry out interventions such as social interventions in times of crisis and ensure it gets to the citizens individually