RATE Group | Blockchain and Cryptocurrency are Gaining Popularity Among Sport Stars
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Blockchain and Cryptocurrency are Gaining Popularity Among Sport Stars

Blockchain and Cryptocurrency are Gaining Popularity Among Sport Stars

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Blockchain and cryptocurrency are revolutionizing; the way technology interacts with the real world. One such sector is the world of sports. Blockchains and cryptocurrencies have improved as the technology is used in sports, especially in the tracking of performance metrics, implementing anti-doping measures, or even engaging fans.

What is Blockchain & how it works?

It is a general perception that cryptos are merely a digital asset. However, there is a lot in it that we don’t realize. In reality, blockchain is a decentralized digital record of financial transactions. The records are stored in the form of blocks, which are linked together using cryptocurrencies. Additionally, the digital record or ledgers are shared with a network of computers to keep track of transactions. Any shared computer or network node can access the transaction and serves as a notary and that’s what makes blockchains so unique and reliable.

Football is the Pioneer in Using Cryptocurrency:

English club…

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