India, June 302025 / Alexablockchain / – Shardeum An autoscaling based on the layer-1 blockchain in collaboration with the Wecraft Studio announced the launch of the first inaugural Payfi dedicated to the mini hackathon as part of the event in Gameon 2025. This initiative positions Shardeum ahead of the modern financial financial financial financial, target prestigious institutions including IIT, nits, and other leading colleges throughout India.
Payfi combines traditional payment systems with decentralized finances, making crypto-based transactions intuitive as conventional digital payments during blockchain security and transparency. This emerging sector holds a particular significance for the rapid expansion of the digital landscape, offering solutions that can enhance financial integration and address real-world payment challenges through familiar user interfaces boosted by decentralized technology.
Shardeum provides developers a stable, scalable blockchain platform optimized for the development of next-generation financial applications. Platform offers:
- Low transaction costs enabling micro-paying and frequent transactions
- High throughput Supporting real-world payment volumes
- Linear Scalability Ensures performance scales with network growth
- Developer-friendly tools and documentation For rapid prototyping and deployment
Hackathon participants will have access to comprehensive resources, including technical documentation, development tools, and direct support from the Shardeum team to help enhance their modern PayFI.
Payfi Mini Hackathon challenges participants to develop innovative solutions to many major areas:
Core Themes Challenge:
- Micro and Macro payment solutions: Creation of measured payment systems for both small amounts and high amounts of transactions
- Crypto and tipping remittances: Developing cross-border payment solutions and social tipping mechanisms
- Wallet and Transactions UX: Improvement of user interfaces to make crypto payments as intuitive as traditional digital wallets
- Peer-to-peer and point-of-sale application: Developing practical solutions for sun -day commerce and personal transactions
- Developer tools and APIs: Creating an infrastructure that gives -other developers to combine payment operations
- Social integration, gaming, and local commerce: Extraction of familiar contexts to introduce crypto payments naturally
Examines projects based on technical well -being, worldly flexibility, user experience design, and potential innovation. Participants are encouraged to focus on solutions that meet real market needs while maintaining the benefits of the security and transparency of blockchain technology.
Shahzad Nathani, head of operations and partnerships with Shardeum is said, “Not only are we launching a hackathon, we ignore the Indian Payfi revolution. These brilliant thoughts will build financial infrastructure that will empower the next decade of India’s digital growth. We give them tools to solve real problems that affect millions of people day -to -day.”
The hackathon is open to all students from participating institutions, along with teams of 2-4 members recruited. Teams must submit a working prototype, combined with technical documentation, a demonstration of user experience, and a business case presentation, all are integrated into the Shardeum Blockchain. Complete submission guidelines, timeline, and platform details can be found here
Top performing projects will receive SHM grants to support ongoing development within the Shardeum Ecosystem. The winning teams will be displayed at a dedicated post-hackathon event with investors and industry leaders, with the remaining projects featured on the Shardeum website and social media for improved visibility. Selected teams will also receive ongoing mentorship from Shardeum technical and business teams to guide their projects from the concept to market expansion.
This initiative represents an important step in developing India’s web3 talent pipeline and care for a change in the fast -growing Payfi sector. By focusing on practical, friendly user solutions, the hackathon aims to bridge the gap between complex blockchain technology and daily financial needs. Wecraft Studio and Game-a-Thon 2025 cooperation provides participants of comprehensive support, networking opportunities, and industry exposure beyond hackathon.
About Shardeum
Shardeum is an autoscaling based on the layer-1 blockchain. The dynamic state of sharding helps keep the gas fees low and the TPS is high as participation grows. Shardeum conducts consensus at the transaction level and reduces the computational power required for validator nodes. This consensus mechanism makes it possible for anyone to run a node while increasing decentralization.
Media Questions:
media@shardeum.org
Source: Shardeum
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