We are thrilled to announce that our teams have made outstanding achievements at the region’s largest gathering of Web3 Rust developers, the Vietnam Rust Hackathon. This event, part of Vietnam Blockchain Week, attracted over 200 talented participants and took place on June 8th, 2024. Our teams showcased their prowess in blockchain and Zero Knowledge (ZK) solutions, earning top honors across various tracks.
The Vietnam Rust Hackathon
The Vietnam Rust Hackathon is an event that brings together developers, innovators, and blockchain enthusiasts from across the region. Organized by the Vietnam Blockchain Association, this hackathon aims to foster innovation and collaboration within the blockchain community. Participants are challenged to develop innovative solutions using the Rust programming language, known for its performance and safety features, which are ideal for blockchain development. This year’s hackathon was particularly competitive, with over 200 participants demonstrating their skills and creativity in developing cutting-edge blockchain solutions. The event provided a platform for teams to collaborate, innovate, and present their projects to a panel of industry experts and judges.
SotaTek’s Remarkable Achievements
1. 1st Prize Winners
Our team working on the CKB ZK-Rollup project secured the 1st prize in the CKB Track. This innovative project implements ZK-Rollup to enhance scalability on the CKB network. By ensuring immediate finality of state changes via ZK-Proof, the team effectively overcame the limitations of optimistic rollups, offering a more efficient and secure solution for blockchain transactions.
- Conflux Track: Conflux CDP Team 38
The Conflux CDP Team 38 also clinched the 1st prize in the Conflux Track. Their project involved developing a Collateralized Debt Position (CDP) system on the Conflux ESpace Testnet. Using Scaffold Conflux as a template, the team integrated two customized ERC20 tokens, pushing the boundaries of decentralized finance (DeFi) and showcasing the potential for innovative financial solutions on the Conflux network.
2. 2nd Prize Winner
Our ZK Email Wallet project earned the 2nd prize in the Nibiru Track. This smart contract wallet, controlled via emails, leverages ZK Proof of DKIM signature to verify email authenticity. This approach ensures user privacy without exposing email addresses on-chain, marking a significant advancement in secure and private digital communication.
A Journey to Dev City: Invisible Garden in Thailand
We are also excited to share that our CKB ZK-Rollup team has been selected for an incredible two-week journey to Dev City: Invisible Garden in Thailand. This prestigious opportunity will allow them to further refine their project and network with top minds in the Web3 space. The immersive experience in Thailand will provide our team with valuable insights, collaborations, and exposure to the latest developments in blockchain technology.
Our Commitment to Innovation and Excellence
SotaTek is incredibly proud of our teams’ achievements at the Vietnam Rust Hackathon. At our company, we are committed to providing state-of-the-art technology solutions for businesses worldwide. Our success at the Vietnam Rust Hackathon aligns perfectly with our vision of pioneering innovations in blockchain and ZK technology.
At SotaZK, we are dedicated to advancing Zero Knowledge Proofs (ZKPs) and other privacy-preserving technologies. To stay updated with our latest developments, insights, and innovations, follow our blog. We regularly share valuable content that can help you stay ahead in the ever-evolving tech landscape. Additionally, leave your contact information to receive updates directly and stay connected with us. Together, we can build a more secure and private digital future.
Conclusion
By detailing our achievements and providing insights into the competition, we hope to inspire more innovation and collaboration within the blockchain and ZKP community. Stay tuned for more updates and groundbreaking developments from SotaZK!
