Problem Statements
Choose your track and dive deep into real-world challenges. Each problem statement is designed to test your creativity, technical skills, and ability to build solutions that matter.
FinTech Track
Financial technology solutions for everyday users
Cybersecurity Track
Security solutions protecting digital lives
Sustainability Track
Environmental solutions for a better tomorrow
Context
Algorithmic trading has become the backbone of institutional investing, providing faster execution and better returns. However, retail investors face significant barriers such as limited coding expertise, high costs of existing platforms, and restricted access to reliable real-time market data. This creates an uneven playing field, where individual investors are disadvantaged compared to large institutions.
Your Challenge
Design and build a solution that makes algorithmic trading more accessible, transparent, and affordable for retail investors. The platform should allow users to create, test, and refine trading strategies without requiring deep programming knowledge or large financial investments.
Key Expectations
Accessibility
- Provide a no-code or low-code interface for creating trading strategies
- Enable backtesting with historical stock market data to validate strategies
Transparency
- Present clear risk metrics, performance indicators, and limitations
- Offer educational elements to guide users in responsible use of algo trading
Affordability
- Design lightweight, cost-effective solutions suitable for wider adoption
- Implement safeguards to prevent over-optimization or misuse of strategies
Innovation (Optional Add-ons)
- AI/ML-powered recommendations to enhance trading strategies
- Gamification features to make learning and experimenting engaging
- Community-driven marketplace where users can share or collaborate on strategies
Context
Students increasingly rely on a variety of online platforms for learning, socializing, and managing their academic work. At the same time, the rise in cyber threats makes password security a critical concern. However, students often face challenges such as managing multiple complex passwords securely, difficulty remembering strong passwords, and reliance on risky habits like password reuse or simple passwords. This exposes them to risks including account breaches, identity theft, and data loss.
Your Challenge
Design and build a secure password manager platform tailored for students that is easy to use, reliable, and educates users on good security practices. The solution should help students generate, store, and autofill strong passwords, while protecting their privacy and data from cyber threats.
Key Expectations
Usability
- Provide an intuitive interface accessible via multiple devices (mobile, desktop)
Security
- Use robust encryption and multi-factor authentication to protect passwords and user data
Education
- Include interactive guidance and tips on creating strong passwords and security hygiene
Integration
- Allow easy use across popular browsers and apps via extensions or APIs
Affordability
- Keep the solution free or low-cost to ensure wide student adoption
Innovation (Optional Add-ons)
- AI-powered password strength analysis and breach alerts
- Gamified learning modules for cybersecurity awareness
- Community support forums for shared learning about security best practices
Context
As climate change awareness grows, communities are looking for ways to reduce energy consumption and carbon footprints. However, many neighborhoods lack accessible tools to track and analyze their collective energy usage in real time, and to compare progress with neighbors. Without this insight, it's hard to motivate and guide sustainable behavior change.
Your Challenge
Develop a Neighborhood Energy Tracker platform that empowers residents to monitor their energy consumption, visualize trends, and collaborate on sustainability goals. The tool should foster community engagement to encourage responsible and informed energy use.
Key Expectations
Accessibility
- User-friendly dashboard accessible on web and mobile
Transparency
- Clear visualization of energy usage patterns and carbon impact for individuals and the neighborhood
Collaboration
- Features that promote community challenges, shared goals, and progress tracking
Affordability
- Low-cost or open-source to maximize adoption in diverse communities
Real-time Data
- Integrate with smart meters or utility APIs to provide up-to-date energy consumption data
Innovation (Optional Add-ons)
- AI-driven recommendations for energy saving tailored to household behaviors
- Gamification to incentivize reductions in energy use
- Marketplace for local sustainable products and services
Ready to Take on the Challenge?
Choose your track, understand the problem, and start building your solution for COMMIT 1.0!