Blockchain Use Cases in the Sports Industry: A Systematic Review

Blockchain Use Cases in the Sports Industry: A Systematic Review

연구 분야: Cryptography

학회: International Journal of Networked and Distributed Computing

Since its inception, Blockchain Technology, the underlying technology of Bitcoin has gained a lot of popularity and interest in various industries, varying from the healthcare industry, Internet-of-Things, smart grid, and supply chain management. Sports is one industry where blockchain can have significant breakthroughs where it can reshape the way the sports industry works by providing reliable athlete data management, secure mechanisms for data sharing, reforming the event management practices, collectibles traceability, and many more, but so far its impact is overshadowed by the hype surrounding the use of fan tokens and Non-Fungible-Tokens (NFT) collectibles. This paper aims to provide a systematic review of the ongoing research on the application of blockchain in the sports industry. this work shows that many studies have proposed different use cases for the application of blockchain in the sports industry on and off the field and targeting different stakeholders. However, we inferred a lack of adequate prototype implementations to evaluate the effectiveness of these proposed use cases. We further highlighted the technical details of the implementation of these blockchain-based applications, their limitations, and challenges, and proposed some solutions to support the integration of blockchain in this domain. The findings of this work will be beneficial for researchers, policymakers, and practitioners in the sports industry.