Deloitte Imagines Bitcoin Betting in Stadiums of the Future

AccessTimeIconAug 5, 2016 at 9:14 p.m. UTC
Updated Sep 11, 2021 at 12:26 p.m. UTC

A new paper from Deloitte re-imagines the sports stadium concept in light of a number of developing technologies.

Notably, Deloitte gives the example of a fantasy sports-style interaction — a "game within the game" — where bets are placed using bitcoin "on in-game events, or use stadium-provided technology for other micro-transactions".

The consultancy sees the sports stadium experience as one ripe for technological innovation, building on what's already taking place on the court or field.

The paper explains:

"While a team is focused on delivering the best possible game experience to its fans, it can’t be all things to all people. Giving developers access to stadium infrastructure allows the team to benefit from the creativity of many."

The authors propose the development of a sports stadium that is more than a “concrete donut”, but rather a technology stack comprised of an experience layer, an enabling tech layer and a technology infrastructure layer.

CoinDesk - Unknown

Deloitte's Stadium as a Platform

By opening the stadium’s technology infrastructure to third-party developers, according to the paper, new services could be offering using blockchain and other nascent technologies.

Deloitte compares the idea of building a wide range of applications for stadiums to Apple’s development of its own hardware-as-a-platform for software products, which last year was a $6bn-a-year business in net revenue for the technology giant.

Image of screen on grass field via Shutterstock; Stadium graph via Deloitte


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
Argentinos se refugian en stablecoins durante el fin de semana tras dimisión del ministro de Economía

Los principales exchanges del país informaron que los usuarios compraron hasta tres veces más criptomonedas estables que durante un fin de semana normal, en medio una crisis económica en ciernes.

CoinDesk - Unknown
2
CoinDesk - Unknown
Polkadot Builder Parity Technologies Adds 3 Execs to Leadership Team

The new executives joining Parity are Eran Barak (COO), Peter Ruchatz (CMO) and Fahmi Syed (CFO)

CoinDesk - Unknown
3
CoinDesk - Unknown
Singapore's Central Bank Weighs Further Safeguards on Retail Crypto Trading

The Monetary Authority of Singapore (MAS) may introduce rules on the use of leverage in crypto transactions.

CoinDesk - Unknown
4
CoinDesk - Unknown
First Mover Americas: BTC Struggles to Break $20K as More Lenders Face Trouble

The latest moves in crypto markets in context for July 4, 2022.

CoinDesk - Unknown