The Italian football team AS Roma now backs XDB, a cryptocurrency that is built into the DigitalBits network.
With the adoption of blockchain technology, AS Roma has become the first team in the annals of professional football, with Paulo Dybala serving as brand ambassador for MonkeyLeagues.
According to Daniele Mensi, general director of the DigitalBits Foundation, this is a significant achievement for the community of DigitalBits as they work to hasten the adoption of crypto and Web3.
“As one of the big football clubs in the globe with millions of supporters worldwide, it is the perfect next step in this product-focused collaboration to offer a consumer-friendly onboarding process to the next generation of web3 users.”
How To Do The Business Transactions
By scanning a QR code, transactions would be transferred through the AstraX mobile wallet. Following that, these transactions are quickly finalized, and customers receive their money back via XDB.
The DigitalBits blockchain is used for all transactions. In the meantime, Coinbar’s pay processing offers additional assistance as needed. Five of the club’s most important retail locations will accept payments: del Corso, Piazza Colonna, Ottaviano, Porta di Rome, and the Fan Zone at Stadio Olimpico.
Crypto Entering Businesses
When encouraging the use of cryptocurrencies for non-financial activities, many organizations and businesses require assistance making bitcoin payments accessible to the general public.
Due to its extreme price volatility, central bankers and economists have frequently attacked bitcoin and other cryptocurrencies for being unable to function as a means of exchange.
This objection is based on the idea that it is unreliable for cryptocurrencies to hold their value over time. As consumers seek for new experiences, the digital gaming industry is projected to continue expanding.
Along with its new technology partner Sony, the club started a digital reproduction of Manchester City’s Etihad Stadium, which will act as its hub in the Metaverse.
