RE: Kraken exchange teams up with Tottenham Hotspur FC
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web3 would build a stronger presence in football - and the world of sports as a whole.!
That's the goal.
using a smart contract would reduce sports litigation
This will Increase growth on sport sector because people will not be cheated in any way.
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Yes, web3 is gradually making inroads into many sectors and its great to see sports and football having a share of it. Today, there are many court cases between footballers and their parent clubs. With smart contracts, there will be no need for such because everyone would fulfill their part in order to be rewarded. Smart contracts enforce rules on its own
The enforcement is just the only way to achieve transparency and Security because if not there will still be more centralization in the system
Yes besides, it helps settle disagreements in a simple, cost-effective way. Court cases cost a lot, aside from time-wasting