Research On Financing Of Professional Sports Clubs Based On Blockchain Technology

Professional sports club is an important part of professional sports,which promotes the strength of competitive sports and the prosperity of sports industry in China.Through the analysis of the current financing situation of professional sports clubs in China,we can see that the development of professional sports clubs in China is still facing many tests,among which improving the financing ability of clubs and solving the financing difficulties are the key to help professional sports clubs get long-term development.At present,the academic research on the financing mode and financing dilemma of professional sports clubs has made some achievements,but there is no systematic research on the application of blockchain technology to solve the financing pain of professional sports clubs.From the perspective of blockchain and professional sports club financing,this paper systematically combs the financing status and development problems of professional sports clubs in China,and puts forward the solution of blockchain technology applied to professional sports club financing,which has important theoretical and practical significance for promoting the development of professional sports clubs.This paper takes the application of blockchain technology in the financing of professional sports clubs as the research object,and the main research is divided into seven parts as follows: First,this paper analyzes the implementation of blockchain technology and blockchain in the financial and sports fields,and explains and summarizes the related concepts,characteristics and application scenarios of blockchain technology;secondly,this paper uses a variety of research methods to analyze the financing methods of two types of professional sports clubs including exogenous financing and endogenous financing and their application status at home and abroad,and puts forward five financing pain points of professional sports clubs,which are divided into currency participation,financial market and social governance;finally,this paper discusses the rationality of the integration of professional sports club financing and blockchain technology,and puts forward the main ways of the technology to be applied to the financing of professional sports clubs,including: establishing decentralized financing trading platform,introducing intelligent contract to reduce financing cost,building club blockchain application platform,exploring the possibility of issuing club digital tokens.Based on the above analysis,this paper draws the final conclusion: the application of blockchain technology in the financing of professional sports clubs is reasonable,which can help professional sports clubs break through the financing difficulties and achieve better development.The application of blockchain technology in the financing of professional sports clubs only solves the technical problems of club management.In order to achieve healthy development,professional sports clubs in China still need to establish the concept of sustainable operation,improve the management level from their own reality,and get rid of the dilemma of club management.