Everyone would agree that cryptocurrencies, blockchain technologies, and the DeFi sector, in general, have exploded in both popularity and usage over the last decade or so. However, one particular industry which is currently looking to utilize the vast potential of this space is sports, specifically when it comes to betting.
The relationship between blockchain and sports
In recent years, the amount of business and management industries that have begun to adopt blockchain technology has expanded tremendously. The obvious advantages of decentralization, such as increased security, a P2P (Peer-to-Peer) model, and potentially enormous financial gains, appeal not only to these businesses and companies but also to various payment institutions.
Decentralized sports have lagged behind other areas such as DeFi, despite the area being ripe for innovation. The benefits of blending blockchain with sports include freedom from traditional financial institutions as well as access to individuals...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...