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UEFA sponsorship signals big plans for AntChain blockchain outside China

uefa euro 2020 football soccer

Today UEFA announced a new five-year global partnership for blockchain technology with AntChain, the blockchain subsidiary of Ant Group which also owns AliPay.

AntChain will act as the official blockchain partner of the delayed UEFA EURO 2020. The Chinese technology brand will deploy blockchain during the event to store top scorer records.

Relative to its parent company, which owns China’s largest mobile payments business Alipay, AntChain is still in its early stages. Last July, the subsidiary was rebranded to AntChain to offer blockchain-based solutions that aggregate numerous digital technologies, including AI and secure computation.

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