© Reuters
Exaion, the technology arm of EDF Group (EPA:), has become a validator node for Chiliz Chain, the blockchain network known for improving fan engagement in sports, according to a joint announcement made on Wednesday. This measure is considered a combination of sustainable energy practices with innovative blockchain technology.
Exaion's role will involve monitoring and ensuring the integrity of transactions on the Chiliz Chain, contributing to the security and reliability of the network. According to the press release, this partnership reflects the commitment of both entities to use blockchain technology in a responsible and sustainable manner.
Chiliz Chain stands out for its blockchain applications in the sports industry, allowing fans to purchase tokens and NFTs related to their favorite sports brands and teams. The inclusion of Exaion as a validator is part of Chiliz's broader strategy to expand the utility of its blockchain and become more actively involved with the sports and entertainment sectors.
This collaboration comes on the heels of Chiliz announcing new validators, including major sports entities PSG and K-League, as well as introducing updates to its tokenomics and incentives for the Chiliz community.
Fatih Balyeli, CEO and co-founder of Exaion, comments: “Exploring the sports and entertainment sectors opens new avenues for us, making our collaboration with Chiliz Chain as a validator node a fundamental strategy that resonates with our goal of shaping to the future of digital technology. Our commitment to energy efficiency and reducing environmental impact enriches Chiliz's mission to transform the way fans engage with their passions.”
Alexandre Dreyfus, CEO of Chiliz, praised the addition of Exaion as a validator and highlighted the importance of aligning with partners who prioritize green practices in the blockchain sector. “Having Exaion, an EDF subsidiary, as a validator node in our chain is a testament to our commitment to sustainability and innovation. Their renowned experience in the energy sector and proactive approach towards ecological responsibility will significantly reinforce our efforts in this space.” he added.
Validator nodes like Exaion are essential to the functioning of the blockchain, ensuring that transactions are processed efficiently and securely. This expansion is a necessity for the Chiliz Network as it continues to attract a global audience of sports fans and technology enthusiasts.
