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Eintracht Frankfurt, peaq Launch 12-Month Review of Machine-to-Machine Payments at Stadium

Source
JH Kim

Summary

  • Eintracht Frankfurt’s digital subsidiary said it is reviewing the introduction of machine-to-machine payments at the stadium with blockchain project peaq.
  • The two sides plan to work together for 12 months to assess the use of machine-based payments and services at Deutsche Bank Park.
  • The partnership will run for 12 months, and whether any specific service rollout will follow has not yet been disclosed.

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Eintracht Frankfurt’s digital subsidiary is partnering with blockchain project peaq to examine the potential introduction of machine-to-machine payments and related services at the club’s stadium.

Cointelegraph reported on October 13 that the subsidiary plans to work with peaq for 12 months to assess the use of machine-based payments and services at Deutsche Bank Park.

The partnership will focus on how machines inside the stadium could carry out payments or provide related services.

The collaboration will run for 12 months. The companies did not disclose whether any specific services will be introduced.

Photo: Shutterstock
Photo: Shutterstock
#Blockchain
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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