Bitcoin and Blockchain: Sports Applications

patrick lee Blockchains adopted in various sectors have never been under the paradigm of blockchain service for whatever reason. But readers would be astonished to realize that Blockchain in the sports sector may find use and purpose. To grasp this notion in-depth, read on.

NBA Top Shot screenshot

photo credit: YouTube

It immediately becomes clear that blockchain technology is much more than Bitcoin. Every day novel uses arise in banking, healthcare, media, government, and other areas. As blockchain technology progresses, it is becoming a helpful instrument in a broad range of areas, including sports, a surprise area in which it gains momentum fast.

This kind of innovation is increasingly crucial for the survival of clubs, particularly when the ticket sales revenue has been struck severely by the COVID-19 epidemic.…

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