HaRBInger 2025: RBI Ushers in a New Era of Secure Banking Innovation

The Reserve Bank of India has announced 'HaRBInger 2025 – Innovation for Transformation', a global hackathon aiming to use emerging technologies for innovative financial solutions. The hackathon focuses on 'Secure Banking' and invites participants to develop solutions addressing 'Tokenised KYC', 'Offline CBDC', and 'enhancing trust'.

The Reserve Bank of India (RBI) has unveiled a new global hackathon, 'HaRBInger 2025 – Innovation for Transformation', to capitalize on emerging technologies in the financial services sector. The initiative, centered around 'Secure Banking', seeks innovative, secure, and user-centric solutions that protect customer identities and build trust.

The RBI has outlined three primary problem statements – 'Tokenised KYC', 'Offline CBDC', and 'enhancing trust' – and has extended an invitation to developers worldwide to propose solutions under these themes. This encourages a blend of technological innovation and practical applicability within the Indian financial ecosystem.

Interested participants, including entities and individuals over the age of 18, are encouraged to apply. The hackathon offers mentorship, visibility before a jury, and exciting prizes, making it an attractive platform for showcasing pioneering tech solutions.

(With inputs from agencies.)