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1. Beginner Course

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  1. 1. What are these cryptocurrencies?
  2. 2. Bitcoin - the story of a technological revolution
  3. 3. Satoshi Nakamoto, who is the creator of Bitcoin?
  4. 4. Vitaly Buterin – the creator of Ethereum
  5. 5. What is blockchain, and how does it work?
  6. 6. What is an NFT token?
  7. 7. What is money?
  8. 8. Cryptocurrencies vs fiat money, which will win?
  9. 9. What is DeFi (Decentralized Finance)?
  10. 10. DeFi: opportunities, advantages and disadvantages of decentralized finance
  11. 11. What is an altcoin?
  12. 12. Stablecoins - What are they?
  13. 13. Cryptocurrency wallet - what is it?
  14. 14. Why do we talk about bull and bear markets?
  15. 15. Security in the crypto market - what rules are worth following?
  16. 16. What is the seed phrase in cryptocurrencies?
  17. 17. Dogecoin and memecoin - what are they?
  18. 18. What is a Ponzi scheme?
  19. 19. What is a Soft and Hard Fork?
  20. 20. Blockchain - examples of use
  21. 21. Is blockchain safe?
  22. 22. What are the types of blockchain networks?
  23. 23. What is blockchain network congestion, and how does it work?
  24. 24. Cryptocurrency wallets: Hot Wallet vs. Cold Wallet - key differences!
  25. 25. Cryptocurrency wallet diversification
  26. 26. Halving Bitcoin - what is it, and how does it affect the price?
  27. 27. Blockchain versus databases: key differences!
  28. 28. How do you transfer cryptocurrencies?
  29. 29. The most important cryptocurrency acronyms/slang you need to know!
  30. 30. The memecoin story: madness or great investment?
  31. 31. What is Ethereum? 
  32. 32. Everything you need to know about gas fees in Ethereum!
  33. 33. Gavin Wood: Blockchain Visionary and Co-Founder of Ethereum
  34. 34. Decentralized Apps – what are they?
  35. 35. What is Proof of Work (PoW) and what is Proof of Stake (PoS)?
  36. 36. What is the Proof of Authority (PoA) consensus mechanism?
  37. 37. What is Proof of Burn (PoB)?
  38. 38. What is a whitepaper? What is its purpose, and how do you write it?
  39. 39. Smart Contracts - what are they?
  40. 40. Know your customer (KYC) and Anti-money laundering (AML) what are they in the cryptocurrency industry?
  41. 41. Blockchain and NFT games - how to make money on them?
  42. 42. Liquidity in the cryptocurrency market
  43. 43. Inflation and its effects on financial markets
  44. 44. What is stagflation and why does it have a negative impact on the market?
  45. 45. What are utility tokens and what use do they have in the cryptocurrency sector?
  46. 46. What is cryptocurrency mining?
  47. 47. What is the mining difficulty?
  48. 48. What is compound interest, and how does it work?
  49. 49. What Are Privacy Coins and Are They Legal?
  50. 50. What is CBDC - central bank digital money?
  51. 51. What is Cryptocurrency Airdrop all about?
  52. 52. Key differences between ICO, IEO and STO
  53. 53. What are decentralized DAO organizations, and how do they work? What are DAO tokens?
  54. 54. What is EURT? How does it work?
  55. 55. What is the difference between Circulating Supply and Total Supply?
  56. 56. Snapshot from the world of cryptocurrencies - what is it?
  57. 57. What is the Fear and Greed index for cryptocurrencies?
  58. 58. APR versus APY: what is the difference?
  59. 59. What is an Initial Farming Offer (IFO)?
  60. 60. What is Regenerative Finance (ReFi)?
  61. 61. Who Is Craig Wright, the Alleged Creator of Bitcoin?
  62. 62. What Is Bitcoin (BTC.D) Dominance?
  63. 63. Michael Saylor, Self-Proclaimed Bitcoin Maximalist
  64. 64. Bitcoin Pizza Day
  65. 65. AI blockchain - a new look into the future?
  66. 66. What is WorldCoin? Everything you need to know about this cryptocurrency!
  67. 67. Azuki NFT collection guide: everything you need to know about it!
  68. 68. The 10 most expensive non-fungible tokens (NFTs) ever!
  69. 69. The Bored Ape Yacht Club (BAYC) - the story of the popular NFT collection!
  70. 70. CyberPunks - the story of the most popular NFT collection in the crypto industry!
  71. 71. NFT Art: The digital art revolution - history and examples!
  72. 72. Who is Changpeng Zhao, CEO of Binance?
  73. 73. Who is Brian Armstrong - CEO of Coinbase?
  74. 74. Who is Galy Gensler and the SEC? How does the Securities and Exchange Commission (SEC) affect the cryptocurrency market?
  75. 75. Web3's most popular social media platforms! Will they replace the platforms we know?
  76. 76. What is IoT - the Internet of Things?
  77. 77. On-chain analysis in the cryptocurrency world: Everything you need to know about It
  78. 78. Can you pass on your cryptocurrencies after death? How do you pass on a cryptocurrency inheritance?
  79. 79. What is the Howey test? What application does it have in cryptocurrencies?
  80. 80. The use of blockchain technology in the world of sport
Lesson 80 of 80
In Progress

80. The use of blockchain technology in the world of sport

Blockchain, a technology best known for cryptocurrencies such as Bitcoin (BTC), is becoming increasingly popular in the sports industry.

Originally conceived as an immutable, distributed ledger for financial transactions, it has now gone far beyond this and has numerous applications in other industries and sectors.

This versatility offers a wide range of applications in the sports industry. It increases efficiency, confidence and opens up new opportunities.

In today’s lesson, we look at the challenges and opportunities of blockchain technology in the sports industry. Where will blockchain find its way …?

The role of blockchain technology in the sports industry

Blockchain is a disruptive technology that will change traditional systems. It offers more security and will open up new opportunities between athletes, clubs, and their fans.

Where does this come from? From its immense benefits. So let’s have a look at the areas where blockchain technology has found application in sport.

1. Ticket sales.

Blockchain technology is revolutionizing the ticketing industry for sporting events. Through the use of smart contracts, it is possible to ensure fair and transparent ticket sales. Fans can then be sure that the tickets they buy are authentic, and the exchange process is secure and automated.

The result? A better experience for the fans of the respective team, and definitely higher revenues for sports clubs and organizers of the events in question.

2. Collector’s items and fan engagement.

Blockchain technology is a great tool for creating digital collectibles. It provides fans of a particular team with memorabilia linked to their favourite clubs and players.

Such a digital collector’s item is registered on the blockchain so that fans can be sure of its authenticity and rarity.

In addition, the blockchain allows fans to interact more directly with the club in question in such situations, creating an even stronger bond.

In this situation, both teams and athletes can issue tokens that represent voting rights or rewards and allow fans to participate in important decisions about the club.

3. Authenticity and certification of sports products

As in the fashion industry, the authenticity of products also plays an important role in sport. Blockchain technology makes it possible to trace the production and distribution of sports products from the manufacturer to the consumer. Every phase of production, the signing of player contracts or the certification of limited editions can be recorded in an immutable ledger, thereby eliminating the risk of forgery.

4. Transfer and contracts of players in a team

Blockchain enables automated and secure management of player contracts. By using smart contracts, contract terms, such as salary or bonuses, can be stored and automatically executed based on performance or other specified conditions.

5. Combating doping and promoting fairness

The immutable nature of blockchain makes it a great tool for recording athletes’ medical data as well as their anti-doping results.

Once this data is stored on the chain, it cannot be changed, creating a reliable record. It can help track an athlete’s current health status and ensure compliance with mandatory anti-doping regulations.

6. Sports betting

The use of blockchain technology makes the sports betting market more transparent and fair. This technology enables the creation of decentralized platforms for betting, eliminating the need for intermediaries. In addition, thanks to blockchain technology, fans can acquire digital tokens linked to their favourite teams.

7. Analysing player performances

Blockchain allows for the secure storage of athletes’ performance data. With transparent and unmodifiable records, sports clubs and organizations can accurately analyze statistics and even create digital portfolios of players to monitor their progress.

8. Financing football clubs

Blockchain opens up new possibilities for financing sports teams and projects. Crowdfunding with cryptocurrencies or the tokenization of club shares are just a few examples. This modern approach to financing will enable fans to participate in the success of their favourite teams.

9. Brand management

Blockchain is almost irreplaceable in this area. It’s a great tool for tracking and authenticating sports merchandise.

Blockchain ensures that every product can be traced back to its origin to confirm its authenticity. Such a measure protects a brand’s reputation while ensuring that fans receive genuine products. In addition, a brand’s revenue isn’t lost due to counterfeiting.

Challenges of blockchain technology in the sports industry

Of course – scalability. Public blockchains are designed to process only a limited number of transactions per second. This can be a major problem for global ticketing, for example, where thousands of transactions need to be processed in a short period of time.

Second is the speed of transactions. This is another technical challenge before the adoption of blockchain technology in the sports industry. Compared to the Visa system, which can process dozens of transactions per second, blockchain has a major disadvantage.

Lack of regulatory and legal aspects. The decentralized nature of blockchain makes it difficult to apply traditional regulatory frameworks. To make matters worse, there is no global regulation and standardization of blockchain technology. All of this makes the introduction of the technology more difficult.


The application of blockchain technology in sport is not only a question of technological innovation, but also of reshaping the entire sporting culture. From improving fairness in ticket sales to the development of fan interactions and the financing of teams.

Blockchain is changing the way we experience the world of sport. We expect this revolution to grow and bring visible changes to the industry.

Complete today’s lesson!

  1. What is blockchain and how does it work?
  2. Examples of application of blockchain technology
  3. Is blockchain secure?
  4. What is an NFT token?
  5. Application of blockchain technology in fashion