The Sacramento based basketball team Sacramento Kings declared NBAs first blockchain-powered reward program in collaboration with Blockparty according to a post on its website.
Per the post, the team plans to introduce a new reward program as an upgrade to the NBAs first predictive gaming application known as “call it shot” in time for the forthcoming 2019-20 season.
We have only just begun to see the benefits of blockchain technology as it transforms the way business is conducted worldwide, ensuring secure transactions across multiple sectors and customers,” said Sacramento Kings Chairman, CEO and Governor Vivek Ranadivé .
Shiv Madan CEO of Blockparty stated that “We’re thrilled to be working with the most technologically innovative team in professional sports and help them bring the latest in blockchain technology to the NBA”.
Adding that the partnership is optimistic to pave the way for technology innovations in sports.