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Jakarta, Pintu News – FIFA, the governing body of world soccer, announced a strategic partnership with Avalanche to launch the Layer-1 blockchain dedicated to managing digital collectibles. The initiative is expected to change the way billions of soccer fans around the world interact with digital memorabilia.
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FIFA has chosen the Avalanche network as the basis for creating a Layer-1 blockchain specifically designed for digital collectibles. This move aims to support scalability, strong security, and superior user experience. With the ever-increasing growth of the FIFA Collect platform, the need for a more efficient and secure infrastructure is critical.
The partnership with Avalanche allows FIFA to utilize leading-edge blockchain technology that offers fast transaction capabilities and low fees. This is critical for handling the large volume of transactions generated by global soccer fans.
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In this partnership, FIFA has appointed Modex as the infrastructure provider and technical developer. Modex is responsible for building the blockchain infrastructure and enhancing the FIFA Collect marketplace. This role includes technical development and system integration that will ensure that the transition to the new digital platform is smooth.
Avalanche, on the other hand, provides the platform that will form the basis for FIFA’s dedicated blockchain. With Avalanche’s technology, FIFA hopes to create a digital ecosystem that is not only secure and scalable but also user-friendly, allowing fans from all over the world to participate without barriers.
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This specialized blockchain is designed to improve the way fans access, purchase, and interact with digital collectibles. With blockchain technology, each collectible will have verified authenticity, which adds value for collectors. Additionally, the platform will enable more transparent and secure transactions, reducing the risk of fraud.
Football fans will have the opportunity to get closer to the game they love through digital collectibles that they can buy, sell or exchange in a secure and decentralized ecosystem. This not only enhances the fan experience but also opens up new revenue potential for FIFA.
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