Tag Archives: sacramento kings

Sports and blockchain technology have gotten along quite well in the past few years, and the latest evidence shows how much that relationship has matured. The Sacramento Kings basketball team is working with ConsenSys to launch a new blockchain-based auction platform that will allow it to sell retired jerseys on the Ethereum network.The Kings and Ethereum: A Perfect Match?The partnership will permit individuals to “live-bid” on retired jerseys. The maneuver is designed to fight fraud and...

The Sacramento Kings launched a blockchain-powered app that allows fans to bid on game-worn gear. NBA is at the forefront of crypto adoption in professional sports. The Kings must start winning big games to help raise awareness of the potential of blockchain technology. Many people think that cryptocurrencies only serve as an alternative payment option. While there are coins that fit this bill, there are other cryptocurrencies that can perform a host of other...

NBA Basketball team Sacramento Kings has recently joined hands with blockchain software development studio ConsenSys for its new sports gear auction platform. On Tuesday, January 15, Kings announced its Ethereum-based live auction platform.Thus, fans can bid live for different in-game sports gear using Treum, a ConsenSys-backed supply chain product. The use of Ethereum blockchain will also ensure that every auctioned item is genuine and authenticate. Furthermore, it will also allow for a...