Singapore India Hackathon 2023

Financial Fraud and misconduct are one of the biggest issues in safety and soundness of the Financial  Sector. Financial institutions have expensive and onerous processes to verify transactions for potential insider trading. How can we  better recognise patterns of fraudulent behaviour to automatically flag potential insider trades?

Financial inclusion and credit offering is challenging, especially in markets where there is poor or limited information about a customer’s credit worthiness. How can we enable institutions to offer banking solutions, based on alternative credit scoring, to people that do not currently have access to basic financial services?

It has been estimated the approximately 1 in 10 people do not have access to clean drinking water. There are many factors that lead to inaccessibility to clean and reliable water. The paramount treatment for water to ensure human safety is disinfection. The majority of the world uses chlorine for disinfection;
however, there are unhealth by-products from chlorine and handling as a
compressed gas can by hazardous. The world needs cost-effective and safe
solutions to disinfect water.

Conventional wastewater treatment plants (WWTPs) general enormous amounts of biosolids (aka sludge). This sludge is rich in phosphorus, nitrogen, and organic carbon; however, it also may contain pathogens, heavy metals, and bio-accumulative organic chemicals.  Moreover, these biosolids are difficult to dry and moisture content makes them heavy and thus expensive to move.

Hence, means to find beneficial use of this waste stream are critical.  The organic carbon entrained within the biosolids is a potential source of energy.  Nutrients could be used for agriculture.  There is value to be found in this waste stream.

Battery demand is expected to grow exponentially for decades, due to a growing number of Electric Vehicle (EVs).

Taking into consideration the lifespan for these lithium ion batteries as well as the toxic materials used to manufacture batteries, it would be essential to have efficient solutions to recycle these batteries to support the global transition to electric mobility. This would also mitigate the impact to the environment due to finite amount of resources that can be mined from Earth.

Solution Needed: Novel processes for the sorting, dismantling, recovery and recycling of resources in batteries. These include energy saving, eco-friendly and effective recycling solutions.

Most consumers are not aware of their carbon footprint in their daily consumption habits. As a result of this lack of awareness and education, there is a general impression that this is not my problem and that there is nothing should do or change in their daily habits to reduce carbon footprint. For example, most consumers don't know that the fashion industry produces about 10% of carbon emissions, which is more than the maritime and international flights combined.
Solution Needed: A solution is needed to help consumers be better educated about carbon emission and what are the major contributors to rising carbon footprint in the world. The solution would not only educate, but possibly incorporate gamification elements to encourage consumers to reduce their carbon footprint.

HVAC (heating, Ventilation and Airconditioning) systems consume a large share of the total energy used in buildings. Maintaining optimal operational efficiency in air conditioning systems is a one of the biggest challenges.

Hence, technologies and solutions to improve energy efficiency, reduce energy consumption and carbon footprint of smart green buildings would be essential to ensure sustainability of our environment.

Solution Needed: Solution to be able to demonstrate reduction in energy consumption, and to be able to remotely measure and track usage pattern real-time. It would also have the ability to provide feedback for anomalies, if needed. Ideally the solution would allow ease of implementation and maintenance.