Bitsave Protocol which is the SaveFi protocol by Crypto Smart has been declared as the most impactful solution by Mega Ace after its global hackathon.
The hackathon featured numerous dApps that utilizes Algorand blockchain in building decentralized applications that add value to the global ecosystem while Bitsave protocol was declared as the most impactful solution under the Open Innovation Challenge.
The Open Innovation challenge of the global hackathon is keen on dApps that add value to the ecosystem.
Not only that, another key feature of the open innovation challenge is dApps that solve problems which are attributable to blockchain technology.
In other words, the major aim of the global hackathon is to showcase blockchain solutions that solve real world problems and add value to the global ecosystem by leveraging blockchain technology.
Bitsave protocol, according to the judges, satisfies the major requirements of the global hackathon by leveraging blockchain technology in solving real world problems and was therefore declared as the most impactful solution.
The judges of the global hackathon are seasoned blockchain enthusiasts and experts in diverse application of blockchain technology.
About Bitsave Protocol
Bitsave protocol is the SaveFi protocol built by Crypto Smart which helps individuals to save and earn interest in cryptocurrency without losing their capital to the market volatility.
According to Karla Obakpolor, the founder and CEO of Crypto Smart, “the declaration of Bitsave protocol as the most impactful solution is an acknowledgement of the new value chain which Bitsave is bringing to the web3 finance”
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About Crypto Smart
Crypto Smart is a B2B Crypto Asset Management company founded in January 2021 by Karla Obakpolor, a blockchain business developer and Algorand ambassador in 2020.
The company offers fast and secure services which are based on a well-encrypted system with 24/7 customer support services. It has grown from offering its services to individuals, to companies and major enterprises as well as providing crypto education through various crypto courses.
Crypto Smart upscaled to the Algorand blockchain and offers blockchain products which include Bitsave Protocol; a SaveFi protocol that combines savings with DeFi, and SmartChange; a cross-chain P2P marketplace.