Connect with us


Illinois Institute of Technology Wins Grainger Computing Innov


Image: 2022 Grainger Computing Innovation Prize 1st place team StarPay: Andr Guardia (PHYS, BS PHYS 4th year), Jorge Plascencia (AE, BS AE 2nd year), Rishabh Tyagi (CS, BS CS 4th year), David Singer (ITM, BS ITM 4th year).see more

Credit: Illinois Institute of Technology

CHICAGO – The 2nd annual Grainger Computing Innovation Prize honors a team of student innovators at the Illinois Institute of Technology for inventing a cross-compatible, easy-to-use stablecoin payment solution that will benefit millions of Mexican bank accounts. Awarded for closing the financial access gap for those without The winning team, dubbed StarPay, was announced as the $15,000 winner at a finals event judged live by a panel of technical experts in Chicago.

The five finalist teams pitched their prototypes to an acclaimed panel of judges, the Illinois Tech Community, and invited guests as part of the Grainger Computing Innovation Prize Finals. The competition aims to assemble interdisciplinary teams of students to demonstrate their computing skills in big data, artificial intelligence, and data science projects that can have a positive impact on society. Teams are encouraged to work on “Computing with Data for Social Good” projects and tackle real-world issues such as education, health, energy, public safety, transportation, economic development, sustainable smart infrastructure and climate change. it was done.

Stablecoins are at the forefront of digital payments, with the Mexican government aiming to launch its own centralized digital bank currency (Crypto-Peso) by 2025. The go-to payment solution for the future of his CDBC infrastructure in the country. “

“With 90% of all transactions being made in cash, fragmented smartphone functionality and inconsistent internet coverage, there is a great need for a simple and mutually compatible payment network. “Financial access in Latin America is very important to us because we have experienced first-hand the cascading consequences of being outside the traditional financial system: theft, corruption, predatory rates, and exclusion from digital services. It’s important: we want to build a future where financial services are accessible to everyone, regardless of mobile phone type, location or income level.”

Team Starpay is Andre Guardia (PHYS, BS PHYS 4th year), Jorge Placencia (AE, BS AE 2nd year), Rishab Tiagi (CS, BS CS 4th year), David Singer (ITM, BS ITM 4th year) ) was composed of . . .

Bryan Walker, Illinois Tech Trustee, Vice President and Chief Product Officer at Grainger, a Fortune 500 industrial supply company founded in Chicago in 1927, said: “Team StarPay demonstrates our students’ passion for creating technological solutions that can impact the global community.”

The esteemed panel of judges also included ThinkChicago program manager Trenton Dunn. Tim Stojka is the co-founder of three of his technology businesses, including the cloud-based software and data analytics company Agentis, where he is currently CEO. Relativity’s Chief Technology Officer, Keith Carlson, leads one of Chicago’s largest technical teams to create global, secure, end-to-end legal and compliance software for his software. And Grainger’s vice president and chief technology officer, Jonny LeRoy, said:

A highly competitive field with truly exciting projects, Blockchain Efficiently Manages Renewable Power and Electricity Distribution from Team GreenGrid, which made up the second year finalists of the competition and won the second prize It included projects ranging from microgrid systems using donated $10,000 to a food delivery app and from his DonateMates, the third place winning team, facilitated restaurant donations to address food access shortages in local communities.

“Illinois Tech is purpose-driven,” said Raj Echambadi, president of Illinois Institute of Technology. It addresses some of the grand challenges of our time, advancing technology and calling for progress for all.”

Working with the Illinois Institute of Technology’s newly established Computing College to foster diverse thinking, unique solutions, and interdisciplinary collaboration in teams of students from different disciplines and backgrounds. was the goal.

“Computing is key to addressing global problems today and tomorrow,” says Lance Fortnow, dean of the Illinois Institute of Technology’s Department of Computing. “Using computing as a solution to these problems is a key mission of the College of Computing. It is to infuse data and computing into the core of Illinois Institute of Technology’s all-disciplinary educational approach.”

A generous donation funded by The Grainger Foundation, an independent private foundation founded by William W. Grainger, founder of WW Grainger, Inc., supports the Grainger Computing Innovation Prize each year. 2nd, 3rd $5,000.

“The Grainger Computing Innovation Prize will make a difference that philanthropy can make at the Illinois Institute of Technology to provide students with hands-on experience in innovating and using technology to solve some of the world’s most pressing challenges. We have fully demonstrated the technology.

“The Grainger Computing Innovation Prize gives our students a great opportunity to demonstrate what they have learned in the classroom and apply their skills directly to the challenges they face in Chicago and around the world,” says Tech, Illinois. Provost Ken Christensen adds. “The Grainger Foundation’s generous gift empowers Illinois Institute of Technology students as lifelong learners and agents of change in the global community.”

For more information about the Grainger Computing Innovation Prize and this year’s winning projects, please visit




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]