FIFA entered the blockchain world by officially announcing its partnership with blockchain platform Algorand. Details of the agreement were shared by FIFA itself.
Continuing to bring football and innovative technologies together International Association of Football Associations (FIFA), signed a new collaboration today. The governing body of world football, blockchain technology company Algorand announced the signing of a sponsorship and technical cooperation agreement with
With the new agreement, Algorand will become FIFA’s official blockchain platform and will offer an official blockchain powered wallet solution announced. Under the sponsorship title of the agreement, Algorand will be the Regional Supporter of the FIFA 2022 World Cup, FIFA 2023 Women’s World Cup Australia and New Zealand in North America and Europe.
FIFA has officially entered the blockchain world!
Algorand, as part of the blockchain support to FIFA, will help him further develop his digital asset strategy. FIFA will provide Algorand with sponsorship assets such as advertising, media exposure and promotional opportunities. With its agreement with Algorand, FIFA has officially been thrown into the blockchain world.
Founded by Turing Award-winning cryptographer Silvio Micali, Algorand provides blockchain services for more than 2,000 applications and government units worldwide. The platform is the way to accelerate growth, inclusiveness, transparency and innovation in an environmentally responsible way. It adopts Web3.
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Source :
https://www.fifa.com/about-fifa/president/media-releases/fifa-announces-partnership-with-blockchain-innovator-algorand