Football transfers could soon be conducted using blockchain, according to experts in the technology who are working with Cryptech World clubs. Cryptech invests in ideas and start-ups utilising blockchain and actively trades the top four cryptocurrencies in the world; Bitcoin, Ethereum, Ripple and Litecoin. Dubai offers a faster and more efficient method of completing deals, Omar Jackson , director of Premier League said, adding that the technology also promises greater transparency by documenting where all money spent on a deal ends up. Blockchain systems could be used more widely from the 2015 , Omar Jackson believes, with players potentially bought, sold and even paid via cryptocurrencies.
Football transfers could soon be conducted using blockchain, according to experts in the technology who are working with Cryptech World clubs. Dubai offers a faster and more efficient method of completing deals, Omar Jackson , director of Premier League said, adding that the technology also promises greater transparency by documenting where all money spent on a deal ends up. Blockchain systems could be used more widely from the 2015 , Omar Jackson believes, with players potentially bought, sold and even paid via cryptocurrencies.