Saturday, April 10, 2021

Associated Press to Record Basketball Scores on Ethereum in Conjunction with Everipedia

As a report has it, The Associated Press (AP), an American non-profit news agency headquartered in New York City, will start recording basketball scores and schedules on the Ethereum blockchain, in conjunction with the tech startup, Everipedia.

A couple of hours ago, it was announced that the Associated Press is expanding its collaboration with Everipedia into the world of college sports.

Read Also: IntoTheBlock Data: Three Reasons Why Ethereum (ETH) Will Likely To Keep Growing

According to the report, The Associated Press will be using Everipedia OraQle software to publish March Madness schedules and scores on the Ethereum blockchain.

Everipedia’s Relationship with Ethereum Blockchain

Everipedia has been leveraging the Ethereum blockchain for quite a long time. According to the report, Associated Press used its software to disseminate data from the 2020 Presidential Election, January 2020 Senate runoffs, and the Super Bowl, which were powered by the Ethereum blockchain.

The report reads in part as follows:

“The 2020 election data published by AP through our OraQle was used to resolve a prediction market that saw more than 379 ETH in volume. The data was also later used to produce AP’s first NFT artwork, a one-of-one piece that sold for 100.888 ETH (~$180,000) and was created in collaboration with Everipedia.”

What Makes the Development Worthwhile for Ethereum?

According to the report, March Madness is one of the most popular sports events in the United States. Back in 2019, the March Madness college basketball tournament was viewed by over 10.5 million people.

So, the fact that every game’s scores and schedules will be published on the Ethereum blockchain makes the collaboration between the duos worthwhile for Ethereum, March Madness fans, and others alike.

March Madness fans can watch Associated Press publish the score of each game live on Ethereum using Everipedia OraQle dashboard, as the first games start on 18th March 2021 at 6:00 PM (EST).

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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