Sports and Blockchain: a combination that prevents fraud and promotes athletes' career
By Moris Beracha / El ciudadano At present, several accounting technology businesses are working with the world's big sports emporiums, in order to optimize the sale of tickets and thus prevent fraud. In this regard, the Union of European Football Associations (UEFA) announced the successful trial of a blockchain-based ticket distribution system. According to the highest football authority in the old continent, the system was trialed at the European League final, between Spanish teams Real Madrid and Atlético de Madrid held in Tallinn, Estonia. They stated that a blockchain-based Android and iOS app was used to successfully provide and distribute tickets to fans attending the game. UEFA’s statement posted on its website also explains the system aims to provide a secure framework for ticket distribution, thus preventing the replication and duplication of tickets, by fraudsters that harm the main sport. UEFA says it will continue to develop the technology and...