Football Million Dollar Transfer Trust Crisis Encountering Blockchain Improper Ledger Book

Blockchain technology will achieve real-time tracking, ownership verification and secure contract execution through decentralized and transparent mechanisms, thereby completely changing football transfers. Smart contracts can automate processes such as fund issuance and ownership transfer, reducing disputes, fraud and dependence on intermediaries. Although the technology is still in its infancy, similar successes in supply chain and finance highlight its potential in simplifying negotiations and reducing costs, but it is expected that the industry will cooperate in standards and regulations.