HawkInsight

  • Contact Us
  • App
  • English

FIFA will build exclusive blockchain based on Avalanche

According to online reports, according to CoinDesk, the International Federation of Football (FIFA) announced that it will use Avalanche network technology to build its exclusive first-layer blockchain. This is FIFA's further expansion in the Web3 field following the launch of the NFT series on the Algorand blockchain during the 2022 World Cup in Qatar. The blockchain will operate as a customizable L1 chain for the Avalanche network, leveraging the upgraded technical architecture of the Avalanche9000. FIFA said it will continue to promote Web3 plans such as digital collectibles, but did not disclose the specific application plan of the new blockchain. Ava Labs said that this cooperation demonstrates the ability of Avalanche technology to support global scale applications.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More