More digital currency snags as two notorious Arizona Men that operated a $1,000,000 USD cryptocurrency Ponzi business are under arrest for promoting illegal activities. Tokens are gradually becoming a common practice in the sports sector globally, and since we have had bad players in this nascent field, this scam doesn’t come as a surprise to many.
Most football teams around the world are embracing blockchain and cryptocurrencies. Now, one of the Turkish teams is planning to release its token in Q1 2020. Sports, especially football, are becoming digital, who's next to embrace the blockchain technology?
The ability of blockchain technology to bring trust and implement progressively reliable forms of certification also finds increasing attention in the games, sports and football arena in particular. Now, official sports shirts of an Italian football club, will be certified with distributed ledger tech (DLT).
Automobili Lamborghini S.p.A, an Italian automotive brand and manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese, is using the Salesforce distributed ledger technology (DLT) – blockchain - to verify its vintage vehicles.
The giant shoe producer New Balance Athletics Inc. announced on October 17 the roll out of an experimental trial to track the genuineness of its latest sports shoe with blockchain tech to offer reliance and attribution for each customer.
The German soccer giant Bayern Munich Football club has reached an agreement with a blockchain company to form a sports licensing platform. The football club plans to sell digital collectibles customized with the initials of Bayern Munich FC players using the advantages of Blockchain technology.