Blockchain Set to Transform South Africa’s Sport Sector
The blockchain technology is providing a different and revolutionary look to the way we use data. The revolution is spreading across borders and has now spread to the South African sport sector. The desire to create a decentralised database for sports data has lead a group of innovative South Africans to come together in Sandton to deliberate on how they plan to use this technology to build the largest open-source sports database.
The concept which was first born in 2012 is called SportsPodium. The platform which allows individuals participating in a particular sport record their sports information on a daily basis. Algorithms are used to verify the information and the individuals get tokens from the Blockchain. Co-founder and CEO of SportsPodium Jaco Rossouw says, “I think that Blockchain technology has introduced us to a new way of solving some of our biggest problems.” He explains further, “Blockchain will enable people to capture their daily training, dietary and competition information while being rewarded with cryptocurrency. By incentivising users with Blockchain tokens, we are essentially unlocking a value in sport that is both transparent and fair.”
SportsPodium is a platform that has a network of sports ambassadors that cut across different sporting disciplines. This network will bring together recognised, famous players, as well as community interaction that will ensure that the platform experiences a large-scale user adoption.
Natalie du Toit, Paralympic SA swimming star and Chief Development Officer for the platform explains, “Sport empowers people, and it has the power to change the world. Through our network of ambassadors, SportsPodium is also a community project. A place where retired athletes, coaches, current athletes and peers all have a place. The benefits of this project filter from top to bottom and bottom to top, and it’s an opportunity for us to really grow sport and level the playing field.” The project will kick-start from June 21st to June 28 2018 and the first sport will be golf. Players will have to input their scores into the SportsPodium App. The aim is to break the world record by having 325,000 golf players of the 60 million golfers worldwide in making use of the app and imputing data during the competition.
What do you think about SportsPodium? Share your opinion with us in the comment section below.
Image credit: SportsPodium, saintjoisd
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