Transformative blockchain technological approaches to sports events
Vitor Principe, Tiago Ribeiro, Samuel López-Carril

TL;DR
This paper explores how blockchain can improve sports event management by offering transparency and efficiency through decentralized systems.
Contribution
The paper introduces a new theoretical framework combining DCF, CGT, and FMG to guide blockchain implementation in sports events.
Findings
Blockchain enhances transparency and stakeholder participation via DAOs in sports event management.
Key mechanisms like access, control, and incentives are crucial for blockchain's success in this domain.
Managerial strategies such as infrastructure assessments and risk protocols are essential for effective implementation.
Abstract
The integration of blockchain technology in sports event management represents a significant shift towards more decentralized and efficient governance structures, particularly relevant to small and medium-sized events. Despite growing interest, its practical implementation remains limited and lacks comprehensive theoretical guidance. This study addresses this gap by proposing an integrated theoretical framework, combining the Dynamic Capabilities Framework (DCF), Collaborative Governance Theory (CGT), and the Four Modes of Governance (FMG), to systematically explore blockchain's application within sports event management. Our analysis reveals that blockchain technology can effectively foster transparency, efficiency, and enhanced stakeholder participation through Decentralized Autonomous Organizations (DAOs). These advantages are realized through key mechanisms of access, control, and…
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Taxonomy
TopicsBlockchain Technology Applications and Security · Technology Adoption and User Behaviour · Digital Marketing and Social Media
