Hackfest 2025 RR Student AMA
Hackfest 2025 RR Student AMA
Student Handbook
Regional Round
Timeline
DT - Design Thinking
BMC - Business Model Canvas
Theme - Sustainable Business
In an era of rapid economic growth and globalization, businesses play a crucial role in shaping a sustainable future. While profitability
drives industries forward, it is equally important to build enterprises that foster social well-being, cultural preservation, and fair
economic opportunities. However, many existing business models often prioritize short-term gains over long-term sustainability, leading
to wage disparities, loss of traditional livelihoods, and environmental degradation.
For example, small-scale artisans and local craftspeople struggle to compete in global markets, often losing their cultural heritage in the
process. Similarly, workers in emerging industries lack access to proper upskilling programs, limiting their ability to participate in the
green economy transition. Additionally, supply chains frequently suffer from a lack of transparency, making it difficult to ensure fair
wages and equitable profit distribution.
Recognizing these challenges, this theme invites participants to design innovative business solutions that promote sustainability across
multiple dimensions:
Participants are encouraged to leverage technology, data, and innovative business models to create solutions that ensure businesses
are not just profitable but also socially responsible and culturally inclusive.
Theme - Preventing Digital Fraud
As digital transactions and online interactions become an integral part of everyday life, the risk of fraud continues to rise. From
financial scams to data breaches, cybercriminals are using increasingly sophisticated methods to exploit vulnerabilities. While
businesses and governments implement security measures, fraudsters constantly adapt, making digital fraud prevention a
continuous challenge.
For example, consumers often fall victim to phishing scams or identity theft due to weak authentication mechanisms, while
businesses struggle with insider threats and fraudulent transactions. Emerging technologies like IoT and blockchain offer new
opportunities but also introduce unique security risks. Additionally, industries operate in silos, limiting the ability to share intelligence
and combat fraud collectively.
Participants are encouraged to leverage artificial intelligence, blockchain, and cybersecurity best practices to create scalable
solutions that enhance trust, transparency, and security in the digital economy.
Theme - Ethics in AI Models for Business
As artificial intelligence becomes a core part of business operations, ensuring ethical and responsible implementation is essential.
AI-driven decisions impact hiring, lending, customer service, and more, making it crucial to prevent bias, enhance transparency, and
uphold privacy. However, challenges such as algorithmic discrimination, opaque decision-making, and unethical data usage threaten
trust in AI systems.
For instance, biased AI hiring tools may favor certain demographics, leading to unfair recruitment practices. Similarly, businesses may
struggle to explain AI-driven financial decisions, raising concerns about accountability. Additionally, large-scale AI models often
require vast amounts of data, increasing the risk of privacy breaches and unethical data handling.
Recognizing these challenges, this theme invites participants to develop innovative solutions that ensure fairness, accountability, and
responsible AI governance in business applications.
Teams will be asked to come up with idea on one of the three themes
Each Team will be given 15 min in Total (10 Presentation, 5 mins QnA)
Relevance to Themes
A measure of how well the proposed solution addresses the core themes. Higher scores go to ideas that directly
tackle key challenges within the thematic areas.
Innovation
Evaluates the originality of the idea. Look for fresh approaches rather than iterations of existing solutions, with
higher scores for truly novel concepts.
Feasibility
Assesses whether the idea can realistically be implemented within hackathon constraints. Technical practicality
and resource requirements are key considerations.
Potential Impact
Measures the idea's capacity to create meaningful change. Higher scores for solutions addressing significant
problems with clear, substantial benefits.