• FIFA is launching a dedicated layer-1 blockchain using Avalanche’s customizable infrastructure.
• The new blockchain replaces Algorand and supports Ethereum-compatible applications.
• FIFA has not disclosed future product plans beyond its NFT marketplace and collectibles.

Global football authority FIFA has announced a major new phase in its Web3 strategy, revealing a partnership with Avalanche to create a dedicated Layer-1 blockchain. This strategic move sees FIFA transitioning its blockchain operations from its previous partner, Algorand, to the Avalanche network, which was recently bolstered by its Avalanche9000 upgrade aimed at supporting enterprise-grade deployments.

According to an announcement, FIFA will build a customizable Layer-1 blockchain leveraging Avalanche’s robust infrastructure. This platform, referred to internally as the “FIFA Blockchain,” is structured as a Layer-1 network, similar in concept to what Avalanche has previously described as a subnet. This dedicated blockchain is designed to offer the scalability and performance features tailored to FIFA’s evolving digital engagement plans.

John Nahas, Chief Business Officer at Ava Lab…

The post New “FIFA Blockchain” To Use Avalanche’s Customizable Subnet-Like Tech appeared first on Coin Edition.

• FIFA is launching a dedicated layer-1 blockchain using Avalanche’s customizable infrastructure.
• The new blockchain replaces Algorand and supports Ethereum-compatible applications.
• FIFA has not disclosed future product plans beyond its NFT marketplace and collectibles.

Global football authority FIFA has announced a major new phase in its Web3 strategy, revealing a partnership with Avalanche to create a dedicated Layer-1 blockchain. This strategic move sees FIFA transitioning its blockchain operations from its previous partner, Algorand, to the Avalanche network, which was recently bolstered by its Avalanche9000 upgrade aimed at supporting enterprise-grade deployments.

According to an announcement, FIFA will build a customizable Layer-1 blockchain leveraging Avalanche’s robust infrastructure. This platform, referred to internally as the “FIFA Blockchain,” is structured as a Layer-1 network, similar in concept to what Avalanche has previously described as a subnet. This dedicated blockchain is designed to offer the scalability and performance features tailored to FIFA’s evolving digital engagement plans.

John Nahas, Chief Business Officer at Ava Lab…

The post New “FIFA Blockchain” To Use Avalanche’s Customizable Subnet-Like Tech appeared first on Coin Edition.