FIFA Partners with Algorand

In breaking news the worlds largest sporting body partners with Algorand to develop it's digital asset strategy and explore the most cutting edge technology that will help increase FIFA's revenue stream.

At 46,000 Transactions Per Second (TPS) Algorand is no slow network and we can look forward to seeing official FIFA NFT's, memorabillia and payments systems deploying on the Algorand Blockchain.

Algorand is a Pure-Proof-of-Stake network which means participants don't need to delegate their tokens in order to validate their network they simply stake their tokens and the system randomises who it chooses to approve transactions.
This in turn creates a more secure and safer network while also enabling a lot more people to participate in validating the networks transactions and approving transactions.

What are your thoughts, Did FIFA select the right blockchain as a partner or should they have chosen another network? let me know in the comments section below.

Algo graph source:Coinmarketcap
Algo Logo source: Algorand

This is not financial advice and readers are advised to undertake their own research or seek professional financial services