Bitcoin&Blockchain enter football

It has already been 25 years since the very first FIFA World Cup organized by FIFA where video arbitration (VAR) was introduced. Since then, technology has not stopped spreading to all the intimacies of the King sport. A plague, for the game’s romantics.

The ball, the players, the rules, the goals, the celebrations, the entrances, everything has been touched in some way or another by the unstoppable advance of the technology.  At first, if you desire to participate in so-called bitcoin sports, you may need to buy bitcoin instantly. Changelly is the best place.

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Cryptocurrencies as a means of payment

The sport has reached an extremely high level of sophistication, and there are no more wasted time, no simulations, no traps. But for all this technology and statistical registration of the game to reach its preeminent place in the World Cup and elite football, Distributed Accounting Technology (DLT) has had to mature significantly. With it, Artificial Intelligence (AI) ) and even cryptocurrencies.

Cryptocurrencies are a means of payment for everyday use. Of those shown in the image, only Ripple does not have as much diffusion as regards microtransactions, since it is used mainly by the bank that still exists.

Today, cryptocurrencies such as Bitcoin, Ether, Litecoin and even Dogecoin are fundamental elements for finance. The most daily and immediate expenses, as well as the liquidation of multilateral agreements at the international level, are settled with crypto assets. Each one has its reach.

For example, to cover the operational and logistical expenses of the competition, FIFA used its bitcoins. Although the figure has not transcended, sports media claim that the total amount may have reached 100 BTC, a record figure for a sporting competition, even of this size.

To cover the approximately 14 billion dollars of the World Cup in Russia 20 years ago, more than 2,150,000 BTC would have been needed, which speaks of the full revaluation that the cryptocurrency has had during these 20 years.

Some have even used their satoshis through the Lightning Network, although it is not standard for these types of small expenses to be made with this cryptocurrency.

QR codes on mobile phones or with temporary laser tattoos are the order of the day. The reason? Stadium tickets stopped printing more than 18 years ago, and people collect QR codes in their image bank.

Also, many find these temporary tattoos attractive that are erased just after the end of the smart contract of the World Cup, as if by magic – although it is technology.

FIFA created its blockchain: smart contracts and FIF

As for the competition, FIFA created its blockchain called FootBlock. It establishes the intelligent contracts of each World Cup and each match of the game since its genesis block was created, nine years ago. The creation of a World Smart Contract occurs every four years when the federated blocks of the network (that is, each Football Federation) validate the FIFA World squad in the system. 

The former Pelé player names the smallest unit of FIFACoin. Source: encrypted.

In addition to contracts for each World Cup, FootBlock allows the creation of a smart contract per match in the competition. They are simple tools (according to the premises team A vs team B) and are only settled when one of the following three results occurs: win A, win B, draw.

These types of smart contracts include all the rules of the game, (faults, fouls, goals, offsides, etc.) so that the outcome of each match can only be validated under strict compliance with these rules.

The FIFACoin (FIF), a token created in this blockchain that cannot be exchanged for fiat currencies, is used for the registration of the points and the ranking of the selections. Victory equals 3 FIF, 1 FIF draw and 0 defeat. The smallest unit of the FIFA cryptocurrency is Pele.

FIF tokens are collectable, non-interchangeable and are under the protection of the Federations, and ultimately, under the protection of FIFA. The symbols also help network governance. The FIFA president is elected through an election, and the more FIF has a Federation, the more relevance he takes his vote on the platform, in addition to allowing the direct support of a candidate, since each Federation is represented by the amount of FIF he has historically.

In its network, the statistics of what happens on the playing fields are recorded in detail and detail. But how? Sensors and automated registration: an extensive, intelligent database placed at the service of football.  The yellow and red cards for fouls and violent plays remain, but given the breadth of the record and the vigilance over the game, players risk severe penalties for trying to cheat.

Goals like Diego Armando Maradona’s against England in Mexico in 1986 are impossible today. Source: Calcioweb

One of the highlights of this new football is arbitration. While before the referee’s decision was a sacred word, now the code is the law. 

The game has lost in malice and deception and has gained in compliance with the rules and transparency: statistics are an accurate portrait of what happens in the field and can be consulted almost immediately, from anywhere in the world.

 Here comes the Brazilian star, Pelé. And it is that using blockbusters the blockchain records in detail the statistics of each player: the distance travelled, the fouls committed and received, the touches he has given the ball, the losses suffered, the balls won, everything. The total FIF tokens produced in the games are counted only for the ranking of FIFA teams.

The World smart contract only includes FIF tokens obtained as a reward for the results of the matches played in the competition. These tokens are necessary so that the selections can access the smart contracts of the most advanced stages of the game, which for the past three editions includes 48 countries worldwide.

Transparency in and out of the courts

Although FIF tokens are not interchangeable for fiat currencies, the game has a “real” value since FIFA established a relationship between these currencies and Bitcoin, in a link that allows the ranking of the selections to be assessed financially, their performance in the competition and its historical performance. Countries and their fans can determine the profitability of their soccer teams and the resources that the Federations handle.

Images like those of Joseph Blatter, a former FIFA president, are no longer repeated thanks to blockchain. Corruption has been eradicated from football — source: encrypted.

Another highlight of the transformation that football and the FIFA World Cup has experienced thanks to a blockchain is related to corruption. 

But blockchain statistics and applications are not limited to the playing field. By implementing cryptocurrencies for the sale of all kinds of products and souvenirs, FIFA manages an accurate record of consumer spending during the competition. Also, the intelligent sensor system reached the stands, measuring assistance and even the decibels of the fans.

The loudest and most numerous fans can win FIF that help the ranking of their selection, bringing the sport closer to the fans. The quantity of public, the dispensing machines, turnstiles, everything quantifiable is captured by AI and is automatically registered in the FootBlock.

It seems that blockchain technology and its application in this field would have killed football, but the reality is that the areas continue to overflow talent. The dribbles are still as active as ever, a hat is always a move that moves, and a goal can make us forget even ourselves. Technology has only raised the difficulty for cheats, eradicating them from the playing fields and FIFA offices. The same murderous suspicion was made 20 years ago about the VAR.