Blockchain + Sports Management

What’s happening? The stars are aligning. Innovations in technology point to blockchain impacting these aspects of sports management:

• reduce scalping with blockchain by tracking & displaying ticket authenticity
• protect your performance data
• fantasy sports platforms use blockchain for betting and protecting data
• fan incentives with blockchain token awards for fans
• broadcasting and the business contracts behind it

Why is this important? In the most basic sense, block chain takes information breaks it into different bundles and moves the information separately to come together when you access the information, which makes the whole of the information untouchable by others

How will this be important? Blockchain technology is being used for contracts regularly and is poised to keep growing in import.

BBN Times | 7 WAYS BLOCKCHAIN CAN TRANSFORM SPORTS MANAGEMENT