The winner project was developed by Dominik Hirzel and Andreas Schmid from the Lucerne University of Applied Sciences and Arts. As part of their Bachelor’s thesis, the two computer science graduates developed a locker system called Lokkit, which demonstrates how blockchain technology can be used in the Internet of Things (IoT).
The system can be used by people who want to rent space, for example. A QR code and a Lokkit-enabled lock are affixed to the room, allowing the lock to be rented out without the owner having to be present. The contract is stored digitally in the blockchain, and the money is transferred automatically.
“The innovative approach of the two computer scientists was a key factor in awarding the prize to them”, as they have developed an add-on to classic Ethereum blockchain transactions to accelerate the process, explained Siemens in a press release.
The Siemens Excellence Award is endowed with 10,000 Swiss francs. The aim is to support young people working on scientific topics that can be turned into practical applications.
