But with the use of KYC, which requires identity verification, it will deal with that problem. Also, with betting being on blockchain and easily accessible, it might help to stem out illegal gambling/bookies which will be a positive in the long run #SS3621_reflection
https://t.co/9CFKVTk5BP Though sports betting is a huge market and by putting it on the blockchain can help professional sports betters to track their performance better, it does have several downsides to that such as underage gambling.
This is especially important as more money flows into the Sports industry. Athletes have to protect themselves from being exploited by bad players such as clubs or agents and blockchain will play a major role in that. #SS3621_reflection
https://t.co/EG4J7WXJq9 This article has brought up some very interesting use-cases for blockchain within sports such as smart contracts replacing paper contracts, medical data and data analytics being stored on the blockchain. All of these will help to empower athletes
Fan Tokens also allow for some sort of governance as fans are allowed to vote on club matters that are not related to ownership such as where will the club go for preseason tour. This allows fans to feel more involved and strengthens their fan identity and loyalty
As blockchain becomes increasingly popular, sports looks to integrate them into their operations. It's interesting how it can help to prevent counterfeit tickets which is a common problem for secondary buyers. #SS3621_reflection
https://t.co/rk10tXUsv5
The Clock sensor on MIT app inventor is a Boolean property, meaning it can only accept true or false. (Things to take note when modifying the clock's code block) #SS3621_mitai
Tickets and VIP access to the dressing room could be tokenised on the blockchain which create a more inclusive environment for the sporting industry as anyone on the blockchain will have the chance to purchase said items. #SS3621_blockchain
I think the blockchain will be an integral part of our system in the future be it financial or political. However, for sports, to be involved in decentralisation/blockchain, the only way it would occur will be the fandom aspect of it. #SS3621_blockchain
Going back to what Chee Hwee said, while there are many new innovations, I think there should be higher quality control. Quality over quantity. #SS3621_reflection
Football has definitely benefitted from many technological innovations in recent times which can help to ensure fairer play
https://t.co/dDaQOTciQU
#SS3621_gadgets
I do feel that Singapore's education system can be too restrictive at times which may kill creativity and with the maker movement, this gives the young headspace to tinker and create
https://t.co/1JkBwN3jIB
#SS3621_maker