Gibraltar - based company Quantocoin has acquired a 50 % stake in Italian football club Bologna FC 1912 using its own funds . The club’s chairman Haldun Sehit told CNN Turk that the club bought Kiroglu in Bitcoin to ‘do something new’. The deal followed the purchase of Omar Faruk Kiroglu by Turkish side Harunustaspor using digital currency earlier this year , and marked a shift in football towards the use of blockchain technology to eliminate corruption , fraud and money flows .
Gibraltar - based company Quantocoin has acquired a 50 % stake in Italian football club Bologna FC 1912 using its own funds . The deal followed the purchase of Omar Faruk Kiroglu by Turkish side Harunustaspor using digital currency earlier this year , and marked a shift in football towards the use of blockchain technology to eliminate corruption , fraud and money flows .