The Olympic Committee of the French government is ready to host the Paris Olympics in 2024, minimizing the risks to the safety of fans. As a result, the organization can integrate blockchain technology into its ticketing system and provide the public with personalized, non-transferable subscriptions.
Blockchain ticket office
According to a recent reportthe inter-ministerial representative of the French government for the Olympic Games, Michel Cadotsubmitted a report to the French Prime Minister containing potential changes for the 2024 Games.
One tip is for a ticketing system that supports events. According to him, licensing based on blockchain technology will provide fans with greater security. According to his plan, tickets should be non-transferable and sent by the organization a few days before the Games. Viewers will be able to get them via a code QR rotary using blockchain technology. Upon entering the venue, everyone will check-in and the tickets will be deactivated.
Cadot believes that this customization will bring many benefits for individuals. In fact, they will be able to receive messages via digital channels on issues such as access to the site from all over Paris or security procedures during Olympic Games. He also believes blockchain ticketing can be successfully integrated into other major sporting events held in France:
“These provisions are already in place for the 2023 Rugby World Cup and the Olympics and Paralympics. 2024 and practiced by major events such as the French Open Tennis Championships.”
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The potential update comes after the Champions League final defeat last month (Real Madrid-Liverpool) in Paris. The match was delayed by over 30 minutes as thousands of British fans showed up without or with counterfeit banknotes. During the European Football Championship, British fans with fake passes were unable to attend the match. This is despite their attempts to breach security.
Cryptocurrencies e Olympic Games
However, this won’t be the first time the Olympics and the cryptocurrency industry have been linked. Last summer, the Indian stock exchange bitbn awarded local Tokyo Olympic medalists with cryptocurrency. More precisely, each medal gold received approximately $ 2,700 in digital assets, the silver medal received $ 1,350, and each athlete who went home with a bronze medal received $ 675.
In the case of the China, aims to popularize and promote the adoption of its digital yuan. The country thus lined up during the Beijing Winter Olympics in 2022. It allows foreign athletes and tourists to use the financial proceeds, notwithstanding the concerns of some American politicians.
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