Name of the competition: CIMB 3D Conquest
About the competition: CIMB 3D Conquest is a team competition open to all young trailblazers in ASEAN countries who believe that their skills and innovative ideas can change the world of banking.
Date of the competition: December 2018 - January 2019
Achievement: 1st Runner Up
Prize: USD $5000.
REP Students: Ang Yang, Chen Wei Jian, Chuan De Sheng, See Jie Xun
Product/Proposal: Transaction system that can be authenticated via a digital token generated by our mobile application
Description: The challenge was to come up with a way of authenticating transactions through a digital token that would be generated by a user’s mobile phone. The mobile phone may be located in a remote area, thus there was the added challenge of authenticating even without internet access. The team achieved this by utilising time-based one time passwords (TOTP), a cryptographic method which generates an OTP based on a shared secret key and epoch time. We then built a full stack solution which consists of a web-app and a mobile-app to support and run our transaction system.