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International Testing Agency eyes blockchain for 2020 Summer Olympics International Testing Agency eyes blockchain for 2020 Summer Olympics International Testing Agency eyes blockchain for 2020 Summer Olympics
The International Testing Agency revealed to CNNMoney Switzerland today that it is exploring the use of blockchain for the 2020 Summer Olympics in Tokyo. The independent organization based in Lausanne is working on a prototype with blockchain firm BlockFactory to see how the technology can be used to fight doping. “I think it’s ambitious to have it ready by Tokyo, but we are there to be ambitious,” says Benjamin Cohen, director general of the ITA. The agency has chosen to focus on Therapeutic Use Exemption, or TUE, which states that athletes can take prohibited substances if they have a medical reason. The ITA is trying to digitize this process so that any of the documents uploaded can’t be forged. “Blockchain can be one of the answers,” Cohen says. On the partnership with BlockFactory, Cohen says: “Today I am pretty sure that we can reach a satisfactory solution where we can have some of the processes secured at a reasonable cost.”
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June 7: What happened in blockchain this week?
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BlockFactory teams up with ITA to fight doping with blockchain
BlockFactory is collaborating with the International Testing Agency in Lausanne on a blockchain prototype to combat doping. The Zug-based blockchain firm walks us through how it works and what happens when a tampered document is discovered. “I think there is a lot of potential for using blockchain in sports,” says Antoine Verdon, a partner at BlockFactory. “Another field I would see, for example, is when you are testing samples....I would also see a lot of potential by digitizing the identities of the athletes.”
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