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Market News

Deloitte & Astar partners to Innovate Sports with Blockchain

Written By:
Gabriel Mael

Last updated: February 9, 2024 11:46 PM
Published February 9, 2024 11:46 PM
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Last updated: February 9, 2024 11:46 PM
Published February 9, 2024 11:46 PM
Deloitte & Astar partners to Innovate Sports with Blockchain

Deloitte Tohmatsu Group has teamed up with Astar Network to bring about a blockchain driven disruption in the sports industry. Their focus is Astar zkEVM compatible NFT development tools for Layer 2 which is the solution bringing increased transaction efficiency upon Ethereum.

As the leader in Web3, Deloitte has invented a NFT-based game app based on basketball as a sample. The digital batting practice system has NFT “Emblems” added to it, which injects a new engagement level and rewards.

Beyond gaming, Deloitte provides blockchain technology through blockchain-based service development and key blockchain programs implemented as APIs. This functionality was embedded into the LIFE LOG BOX builder platform earlier.

This initiative is in line with the Japan Sports × Technology Utilization Promotion Project, which aims to promote an industry upgrade of sports via digital transformation and the use of data. A nationwide project designed for players of national junior high school baseball is progressing at present.

Also read: MicroStrategy Amplifies Bitcoin Commitment, Says Michael Saylor

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Gabriel Mael
Gabriel is a crypto journalist on a mission to decode the future of finance. He breaks down complex concepts, keeping you informed on the hottest trends and innovations in the ever-changing crypto world.

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