ABOUT THE MONGOLIAN BLOCKCHAIN OLYMPIAD

IBCOL in Mongolian

The Mongolian Blockchain Olympiad (MN-BCOL) is a nascent national blockchain olympiad committee working with some academic and industry professionals in Mongolia. For IBCOL 2020, the MN-BCOL will select up to 12 projects to represent Mongolia on a rolling basis until 15 June 2020.

Mission

The International Blockchain Olympiad (IBCOL) is an annual global competition inviting current and recent students to propose solutions for real-world problems with blockchain technology. In a worldwide hunt for blockchain talent, IBCOL combines the practicality of case competitions with the open-ended problem-solving culture of hack-a-thons, where participants submit a whitepaper like an academic conference and implementations of capstone projects.
  • Promoting Awareness on Blockchain Technology & Applications: students from around the world will benefit from the experience of participating in the IBCOL program of activities, which includes seminar series, specialised training and workshops, mentoring, and networking events besides the actual competitions. This will cultivate a genuine interest in the area of innovation, originality, creativity and cutting-edge technology. It will also instill the right ethical values in the younger generation to pave the way for their further exploration of blockchain in the future.
  • Enhancing Employability by Equipping Participants with helpful Skills: the prospective and actual participants will benefit tremendously from the IBCOL programme, as they learn practical skills and knowledge outside their disciplines and push the boundaries of their comfort zones. Students get a taste of the real world, and learn how to identify and overcome challenges in actually making something happen.

History

The IBCOL was founded in 2017 at the height of the cryptocurrency bubble. While most of the world was distracted by ill-conceived ideas or outright scams, the IBCOL was one of the few that dared to ignore short-term gain for long-term development of the blockchain ecosystem.
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