Manipal Institute of Technology (MIT), an engineering college of Manipal Academy of Higher Education (MAHE), has emerged as the first runner-up in the American Express CodeStreet Hackathon national challenge with the theme Open Banking. The CodeStreet is American Express’ annual hackathon that provides coders an opportunity to showcase their technical skills by solving the latest tech riddles in the Fintech industry. The event consisted of three themes, Open Banking: identity on demand, Cyber Security in financial services and Monitoring hotspots in distributed computing. Over 9,000 students participated in the hackathon from August 13 to October 8. Ten teams were selected after the ideation phase who had to develop prototypes between September 24 and October 8. The team, Ipseity, from MIT comprising four students Mini Shail Chhabra Praseedha, Praveen Kalbhavi, Pratyaksh Gupta and Shreya Tewari worked on the theme of Open Banking with an ideology of One world one identity. They worked and brainstormed to bring a proposal of a multi-purpose identity card with all identities united at a single place, being powered and entrusted by blockchain technology.