Introduction
First, the authors shall define a smart contract and search for a definition that will not be too complicated for a reader. Although the notion contains two words, “smart” and “contract”, which have a legal sense for everyone, they receive entirely new meaning when combined in a single phrase.
In this article, the authors will try to give three practical applications to the smart contract that can be applied within the framework of FIFA activities. It does not mean that these solutions are of immediate applicability. However, in five years, they would be of practical use.
Smart contracts begin with blockchain. A blockchain “allows parties to send, receive and store value or information through a distributed peer-to-peer network of several computers. Each...
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