Cricket Goes Digital: How Blockchain Could Change the Game

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What is Blockchain?

Blockchain is a distributed database that allows for secure, transparent, and tamper-proof transactions. It was first developed as part of the Bitcoin cryptocurrency. Blockchain is a digital ledger of all cryptocurrency transactions which is constantly growing as “completed” blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin, Ethereum, and other cryptocurrencies use blockchain technology. Bitcoin nodes use the blockchain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.

What is Cryptocurrency?

Cryptocurrency is a digital or virtual asset that uses cryptography to secure its transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.

Use of Blockchain in ICC T20 WorldCup:

The ICC T20 World Cup is the biggest sporting event in the world, with teams from all over the world like Pakistan, India, Australia, South Africa, New Zealand, etc. competing with one another.

The International Cricket Council (ICC) is exploring the use of blockchain technology to modernize its governance and operations. The ICC announced in January that it has formed a working group to study the potential application of blockchain in cricket. The working group includes representatives from the ICC’s member countries, as well as experts from the sports law, gaming, and technology industries.
The aim is to explore how blockchain could be used to improve voting processes for governing boards, player payments and rankings, and other areas of cricket governance. One of the ways that organizers make the event more secure is by using blockchain technology. This is because it can help to track everything from player movements to which cameras are recording matches. Blockchain technology can also be used to track all the transactions made during the tournament. This will ensure that no player or organization can cheat and gain an unfair advantage. The ICC T20 WorldCup in 2020 used blockchain technology for its ticketing system, which was the first time a major international sporting event used blockchain technology.

What are Crictos in Blockchain?

Crictos is the official and exclusive collection of digital collectibles from the ICC’s vast archive showcasing the greatest moments in international cricket.

Crictos are here | The greatest moments in cricketing history are hitting the blockchain:

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This image was taken from the Official ICC Website here:

The ICC and FanCraze came together in January of 2022 to launch Crictos, These were the collection of the greatest moments from cricket from the 2015 and 2019 Men’s ODI World Cups. These cricket NFTs (or Crictos), consisted of 75 collectibles from the 2015 and 2019 editions of the ICC Men’s Cricket World Cup headlining the launch. This was just the start as the roster of collectibles continued to grow, ranging from back to classical cricket moments as well as moments created at future events.

The development of blockchain technology has witnessed a significant advancement in recent years. Several new applications of the technology have been developed, which is Referred to as Blockchain Advancement Track Al Nafi. This tracks developments in areas such as cryptocurrencies and the application of smart contracts on the blockchain.

Is Blockchain used Only for Crypto Currencies and NFTs?

Who said Blockchain is used just for Crypto Currencies and NFTs? That’s not true, Blockchain technology is being used in a large number of industries which is way wider than you can imagine! I will keep this article short and just list a few of the many applications of Blockchain Technology.

Some of these applications include:

– Identity verification

– Asset management

– Trade reconciliation

-Tracking Supply chains 

-Decentralized Auto Insurance 

-Electric Vehicle Charging Stations 

-Digital Asset Management 

-Supply Chain Automation.

Does Blockchain need Coding?

No. However, if you want to create a digital asset on a blockchain network, you will need to learn how to code. For example, Ethereum is based on blockchain technology but also requires coding skills to create and manage digital assets.

Some people think that blockchain doesn’t need programming because it uses cryptography to secure the ledger. However, programmers can create applications that use blockchain technology. For example, a programmer might create an application that helps manage cryptocurrency wallets or sells products and services using cryptocurrencies.

Scope of Blockchain:

The scope of blockchain includes digital assets such as bitcoin, Ethereum, and other cryptocurrencies as well as traditional financial transactions like buying property or stocks. Bitcoin was the first application of blockchain technology, and it is still used most often for cryptocurrencies such as Ethereum and Bitcoin Cash. But there are other uses for blockchain too:

-A consortium of banks is using it to develop a global trade finance platform called R3 CEV;     

– Samsung is using it to track goods while they’re being made;     

– Maersk uses it to track ships around the world;   

– Walmart is using it to speed up food safety inspections.

The scope of blockchain is very broad. It can be used for a variety of purposes, including tracking the ownership of digital assets, voting, and verifying the authenticity of documents.

Average Salary for a Blockchain Developer:

There isn’t one answer to this question because salaries vary depending on experience and skillset and location. However, according to PayScale, the average salary for a blockchain developer was $105,051 in May 2018. And that was almost 5 Years Ago. So if you’re interested in pursuing a career in this field, your starting salary may be higher than average.

Who is a Blockchain Developer?

Blockchain technology has seen significant advancement in recent years, with new applications being developed in areas such as cryptocurrencies and the application of smart contracts on the blockchain.

A blockchain developer is someone who has knowledge and experience in programming languages such as Python or Ethereum. They also need to know about cryptography and database design.

What are Blockchain Skills?

Several skills are needed to be a successful blockchain developer. Some of the skills include:

– Knowledge of distributed systems, and database design;

– Knowledge of cryptography, including algorithms and protocols; 

– Knowledge of database design, including how to store data on a blockchain; 

– Knowledge of Python or Ethereum programming languages.

What is Blockchain Technology?

Blockchain is a distributed database that allows for secure, transparent, and tamper-proof transactions. It was first developed as part of the Bitcoin cryptocurrency.

Bitcoin, Ethereum, and other cryptocurrencies use blockchain technology. Blockchain is a digital ledger of all cryptocurrency transactions. It is constantly growing as “completed” blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.

How Al Nafi is providing the solution:

Al Nafi’s Blockchain Advancement Track will enable you to explore every aspect of Private and Public Blockchain. The Blockchain Advancement Track has a diverse range of emerging technologies content that offers a combination of courses beneficial for skills development. Courses like Cyber Security, Offensive Pentesting, Digital Forensics, System Operations, Data Science, and SCADA network are included in the advancement track and are increasingly crucial in today’s workplace. They have various options available, so whether you’re a beginner looking to improve your knowledge base or an experienced professional looking to update your skill set, they have the career track for you. The courses are interactive and designed to help you learn at your own pace – so there’s no need to be afraid of being lost or overwhelmed.

IELTS is embedded in every advancement track as communication is one of the essential skills for any individual. Anyone working in an international environment or with people from other countries must communicate effectively. Online English classes happen every day so that you can improve your speaking and listening skills and writing ability.

LinkedIn and Entrepreneurship course is also included in every advancement track helping users connect with industry professionals as it is vital for networking. This aspect helps you connect with industry professionals. Students can interact in live classes with our global LinkedIn trainer.

Al Nafi believes that the best way to learn is by doing. That’s why their online classes are designed with hands-on exercises and real-world scenarios so you can learn how to do the skills you need without having to go through the hassle of attending a class in person. The homegrown labs, known as Ghanimah labs, provide an excellent way to experience firsthand the skills you’ll be learning. They’re perfect for anyone who wants to get ahead in their career or learn new skills for personal enrichment.

Why Study Blockchain Advancement Track:

Blockchain Advancement Track offers a deep understanding of the Essential Concepts of Blockchain Networks. This Track is classified into multiple theoretical components and various practical labs. The theoretical modules of this Track will introduce you to Ethereum programming, Decentralized Security, and the development of Defi applications.

So What Are You Waiting For?

Register yourself Today at Al Nafi and Secure your place in the World of Emerging Technologies.

Begin your journey of Knowledge through our Blockchain Advancement Track:

Check out the Blockchain Advancement Track Contents in our Detailed How To Study Infographic:

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