, 2022-12-24 10:41:15,
World’s most influential chess association FIDE actively developing Web3 products for Avalanche (AVAX)
Ava Labs, a Web3 organization overseeing the progress and promotion of the Avalanche (AVAX) blockchain, scores a long-term partnership with FIDE to introduce blockchain solutions to the world of competitive international chess.
FIDE developing Web3 products on Avalanche: Check out major use cases
According to an official statement by the Avalanche (AVAX) team, the blockchain was chosen by FIDE as a technical platform for its upcoming on-chain applications for chess players. Avalanche-centric chess solutions will be used for transparent data processing, tamper-proof experience tracking and so on.
Chess Chain. This is massive. At least 500m chess players globally, and @FIDE_chess is working on Avalanche products with @avalabsofficial. Here are two ways (of MANY) this partnership can create massive value for the sport:
— 🔺🪵 (@iwillpat) December 23, 2022
FIDE coordinates the operations of 200 national chess associations across the globe: it observes all major world tournaments, including the World Chess Championship and the Chess Olympiad. The development of online chess is of particular importance to FIDE, as 100 million out of 500 million chess players globally…
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