BlocSide Sports Partners with Verity Inc. for Transparency in Sports CPG Transactions

LONDON, UK - 03-01-2018 (Press Release Jet) — Venture-funded BlocSide Sports, creator of MVP Token — the first digital token within professional football — has secured enhanced credibility and value of the MVP Token by engaging with the leading international third-party, independent, non-government organization (NGO), and blockchain verification company, VERITY Inc.

Verity is an objective, independent organization dedicated to substantiating and verifying country of origin labeling, health, religious or other marketing claims, while working with government agencies and trade organizations to publish standards and establish consistent and truthful labeling practices using the General Accepted Marketing Claims (GAMC) guide published and developed by Verity, Inc. Consumers may be assured of the value of those verified products and guard against false claims, counterfeiting, and product diversion.

“We’re very excited to have Verity validate our mission while offering our fans credible evidence of our commitment to true value,” said Daniel Taylor, CEOof BlocSide IO. 

 “This is a huge step in solidifying our mission to create a transparent financial infrastructure capable of supporting the growth and evolution of digital currencies within the professional football economy, which is a more than $40 billion business”

Verity, Inc. is a Managed Services Platform (MSP) “VERITY One™” combining IBM Watson® Artificial Intelligence (AI) and Blockchain Hyperledger, Internet of Things (IoT) and is accessible to any authorized user using the “VERITY One™” Application Program Interface (API) Platform.

Verity CEO and Founder Adam Reiser: “I am excited to engage with BlocSide Sports. The validation and verification of the MVP token and blockchain by “Verity” will enhance the value and provide 3rd party validation for MVP Token holders.” 

Financially, football is an inefficient system rife with corruption that keeps the fans at arm’s length. The tent poles of MVP Token technology are efficiency, transparency and increased engagement between football teams and their fans.  

BlocSide builds white-labeled mobile/web solutions that integrate with a team’s current web and retail technology solutions. We are leveraging augmented reality, frictionless payments, mobile ticketing, and blockchain technology to improve the fan experience, increasing revenues by around 25 percent while cutting fees by 5 percent.  

The bottom line? Both teams’ and fans’ bottom line will benefit by using the MVP Token. 

BlocSide will activate Verity’s international Tier-1 UPC Code Database, providing a PLU (Product Lookup) and UPC (Universal Product Code) designation along with GPS (Global Positioning Service) to product transactions on the MVP Token platform.  The technological synergies between the two companies will accelerate BlocSide’s movement to bring financial transparency to sports globally.

MVP Tokens can be purchased with ETH starting March 12th on BlocSide.io 

Watch BlocSide Sports all set to shake up sports industry with Blockchain.

BlocSide IO Limited, a subsidiary of Only4Stars, aims to become the premier football ownership conglomerate through the acquisition of specifically chosen football clubs, located in strategic leagues, that offer top-tier development, lucrative exit opportunities for players, low club acquisition prices, fixed assets such as stadiums and training fields, and ardent supporters.  Each club under BlocSide Sports will be managed through a unified blueprint, modeled after Ajax Amsterdam and the Manchester City Football Group, to provide clarity, transparency, and strength to the technical and operational side of each club. Furthermore, each club will be able to leverage the collective strength of BlocSide to source talent, sponsorships, branding and a player/club database.

BlocSide Sports Advisors include former players George Boateng, Hristo Stoichkov, Ian Stafford, Sokratis Papastathopoulos, Jan Olde Reikerink and Vasilis Torosidis and former FIFA referee, Mario Van Der Ende.

About Verity Inc. http://www.veritychain.io/#About

Youtube: https://www.youtube.com/watch?time_continue=82&v=1kQUGKF8Atw

Media Contacts:

Company Name: BlocSide Sports Ltd.
Full Name: Austin Henri
Phone:
Email Address: Send Email
Website: blocside.io

For the original news story, please visit https://pressreleasejet.com/news/blocside-sports-partners-with-verity-inc-for-transparency-in-sports-cpg-transactions.html.

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About the Author: Sarah Tulowitzki

Sarah Tulowitzki is a financial reporter, focusing on technology, national security, and policing. Before joining Canadian Business Tribune she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.

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