Blockchain helps to solve many problems in all the areas of our life. For example, financial structures, economy, logistics, even legislation. But what about sport? How can blockchain technology help to solve the actual issues of this world-wide industry and what are these problems?

Absence of intermediaries

There is a practice that tickets for sporting events can be resold through intermediaries. Because of this, there are many cases of fraud. Blockchain allows you to solve this problem because all transactions are stored in the public domain and anyone can verify their authenticity. Such a scheme can also occur in the sale of sports equipment or branded things that can be replaced.

Training and doping control system

Blockchain technology allows you to select individual training for each athlete and even the diet suitable for him. Also, anti-doping control is carried out at a new level and cannot be faked.

Attracting a new audience and monetization

Thanks to the blockchain technology, every athlete or local club now has the opportunity to monetize additional content, such as training or live conferences. Blockchain projects help to find new investors, attract more audiences, and sell or official merch while accepting cryptocurrency as payment.