- The FIDE oversees the World Chess Championship and the Chess Olympiad.
- 100 million of the world’s 500 million chess players compete in games over the internet.
As part of their mission to bring blockchain solutions to the world of competitive international chess. Ava Labs, a Web3 company responsible for the development and marketing of the Avalanche (AVAX) blockchain, has secured a long-term partnership with FIDE.
The Avalanche (AVAX) team has released a statement claiming that the FIDE chess governing body has selected the blockchain. As the technological framework for its forthcoming on-chain apps. Transparent data processing, tamper-proof experience monitoring, and other similar tasks will be accomplished with the help of avalanche-centric chess solutions.
Blockchain Adoption on the Rise
Moreover, the FIDE oversees the World Chess Championship and the Chess Olympiad. As well as 200 other national chess organizations throughout the world. FIDE places a premium on the growth of online chess. Due to the fact that 100 million of the world’s 500 million chess players compete in games over the internet.
Official player ratings on-chain, on-chain data sharing from tournaments, on-chain demonstrations of individualized user experiences in public services, and so on will be the primary uses for Avalanche’s technological solutions.
The CEO of FIDE, Emil Sutovsky, said that Ava Labs was selected as FIDE’s tech partner because of Avalanche’s cutting-edge and economical architecture.
Here is what Emil had to say:
“We are excited to get into this project. Ava Labs is one of the leaders or rather driving forces behind on-chain technologies, while FIDE is constantly working on improving players’ engagement and experience. Chess is a unique sport, and this cooperation will allow us to unify our community and strengthen the ties between players, clubs, federations and FIDE.”
Next, Avalanche plans to develop a FIDE game explorer that will be powered entirely by on-chain data collected using Avalanche’s smart contracts.
Recommended For You:
Shiba Inu: $BONE Price Surging following the Shibarium Update
Source: https://thenewscrypto.com/international-chess-federation-fide-teams-up-with-avalanche/