Two CUHK Teams Triumph at Shanghai Commercial Bank Greater China Hackathon 2017

Two student teams from The Chinese University of Hong Kong (CUHK) Business School, Team Collabcoin and Team Shopway, won the first runner-up and second runner-up in the inaugural Shanghai Commercial Bank Greater China Hackathon on 8 December 2017 in Shanghai.

During the Regional Competition in November, the two teams were crowned the winning teams to represent Hong Kong to compete with the winning teams from Taiwan and Shanghai. The nine teams were required to present their ideas and demonstrate their innovation to the judging panel at the Grand Final. The panel then assessed their performance based on their innovativeness/creativity, technical implementation, market potential, and presentation performance. At last, Team CollabCoin and Team Shopway were awarded the first runner-up and second runner-up in the Shanghai Grand Final respectively.

Team Collabcoin was formed by undergraduate students Wong Chun-kau (International Business & Chinese Enterprise [IBCE], Year 5), Ng Hing-yu (Integrated BBA, Year 5) and three other students from The University of Hong Kong and The University of Science and Technology. They use block chain and OpenApi technology to provide a transparent and low-cost investment platform for choosing diversified funds and assessing investment risks through crowdsourcing.

Team Shopway comprised Sze To Ching (Global Economics & Finance, Year 3), Tiffany Ip Shuk-yan (IBCE, Year 2) and a CUHK engineering student. The team applied artificial intelligence and big data to predict the precise shopping route and choice for consumers, making shopping more efficient and rewarding for both consumers and businesses. They also build social networks according to their shopping activities to encourage customer interactions.

Co-organised by Shanghai Commercial Bank and Bank of Shanghai, the Hackathon aims to encourage undergraduate and postgraduate students to develop innovative solutions to enhance banking experience and solve real business problems. Student can select to work on themes such as social finance, digital finance, financial inclusion, blockchain, artificial intelligence and internet of things.