Block Tank LA is a public-private partnership opportunity for blockchain companies that can solve the following issues at scale.
Selected companies will pitch their solutions on the main stage at CIS on October 15 in front of a celebrity investor panel including billionaire investor Tim Draper.
1. Environmental Sustainability
Creative uses of blockchain to improve the quality of human life while living within the capacity of our natural Los Angeles ecosystem. This can include natural/water resource management, ways to improve the way resources are managed, providing the public the opportunity to make more educated or environmentally conscious decisions, water and natural energy management through smart contracts, and “carbon asset” management via a blockchain solution.
2. Online Voting Platform
Providing an online, secure voting platform for City of Los Angeles Neighborhood Council elections. This can include individualized, secure blockchain identity, online voting mechanisms that ensure only one vote per resident, and privacy capabilities that do not unnecessarily disclose personally identifiable information or political preferences.
3. Secure Resident IDs
Creative use of blockchain to develop an individualized secure record of a Los Angeles resident that can be accessed and used for government records. Today, identity is often defined by physical possession of a hardcopy document that can be lost, falsely replicated and/or altered, and who’s validation often includes a long and tedious presentation of yet other hardcopy documents. The proposal can include an individual’s virtual identification coupled with a biometric trigger to create an unambiguous and private identification system.
1. The LA Mayor’s Office of Budget & Innovation (MOBI) and Information Technology Agency will pledge to the winner a $25,000 pilot project with the City of L.A.
2. Goren Holm Ventures pledge to invest up to $25,000 or more in the winning project and introduction to the Draper Venture Network of investors.
If your blockchain focused startup fits one of the three required categories above, you may file one application per company.