A trio of bitcoin developers won the grand prize of the first-ever Money 20/20 Hackathon in Las Vegas. More than 450 developers, designers and entrepreneurs completed over 100 projects during the 24-hour competition last weekend, with the winners announced today. PayperLess won $20,000 and the opportunity to participate in Launchpad360, a showcase presented to a large group of investors, media and other payment industry participants. Aldo Briano, Veronica Borges and Eduardo Medina developed an API that enables consumers to pay local merchants using bitcoin — without any changes to existing infrastructure and business processes. “We are extremely honored to win this award, especially with all the excellent technology and talent displayed at the Hackathon,” said Briano. “Our solution will enable merchants to accept a bitcoin payment as easily as accepting a payment through a gift card and we see this as the future of payments.” Four other teams also claimed a $20,000 prize, including: Bacon Bacon, BitPredict, HourFlow and ShopperPal. Five additional teams won a $5,000 prize: Authbank, Bitcoin Bookie, Kill Bill, LoyaltyPass and SWFT.

http://insidebitcoins.com/news/bitcoin-payment-api-developers-win-money-2020-hackathon/26172