Sport stars love Blockchain and Cryptocurrency?

Blockchains and cryptocurrencies have improved as the technology is used in sports, especially in the tracking of performance metrics. Blockchain and cryptocurrency are revolutionizing; the way technology interacts with the real world.

blockchain
blockchain is a decentralized digital record of financial transactions. The records are stored in the form of blocks, which are linked together using cryptocurrencies. Most of the people perception that cryptos are merely a digital asset. However, there is a lot in it that they don’t realize.

Football is the pioneer in using cryptocurrency, English club Arsenal has signed an MoU with CashBet for using the club’s platform for advertising and agreed to promote the club’s logo and sports athlete photos. Lionel Messi supports the world’s first blockchain mobile phone “Finney”, which uses different blockchain technologies, such as cold wallets, dApps, etc.

NBA uses cryptocurrencies since 2014. The pioneer club was the Sacramento Kings, which started it as an experiment. It allowed fans to pay in BTC for purchasing e-tickets and merchandise in an online store. Dallas Mavericks club owner Mark Kuban has agreed to follow the same path.