Pune, India, August 28,2017 | Techracers has officially launched its services based on the Blockchain technology for the Fantasy Sports industry. Traditionally working in the web and mobile app development domain for different industries like fantasy Sports, fintech, startups and healthcare, the company has now decided to expand its work in eruptive segments like Blockchain technology.

With the advent of time, the fantasy sports industry has evolved and thus, faced many challenges including untrusted transactions, fair gameplays and legalities of licensing.
Blockchain technology, on the other hand, holds solutions to such problems by making use of token balances, smart contracts, rewards distributions as well as reliable payment options by eliminating third party costs. Techracers aims to step into this revolutionary sphere to cater requirements and resolve these and many other challenges for the fantasy sports businesses.

“Blockchain technology is revolutionary. It holds the capability and potential to change the game for the emerging markets. We believe that the blockchain technology can make fantasy sports industry soar even higher because of its unparalleled characteristics. It has already changed the way businesses operate by establishing trust and transparency. We are excited to create and implement technology solutions that’ll support business more efficiently with Blockchain. ” (Sumit Rajput), Blockchain Head at Techracers stated.

(Amit Shandilya), Fantasy Sports & iGaming Head at Techracers, said, “ Blockchain can affect the entire operating process of the industry. First and foremost, this technology will ensure safer and reliable financial transactions from entry fees to winnings withdrawal. We’ll be able to create solutions that reduce frauds and lower the fee levels exceptionally. Moreover, cryptocurrency will remove the constraints of exchange and interest rates, transactions charges etc. of any country and allow smooth international transactions.”

Techracers has already established itself successfully in the market by developing solutions based on niche technologies. Furthermore, the company is planning to gain advantage via Blockchain technology by resolving the issues prevailing in the current industry system. With the involvement of experienced Blockchain technology experts, Techracers plans to model effective solutions that’ll drive the evolution of the fantasy sports industry.



About Techracers

Techracers is a progressive Blockchain Studio helping industries to create sustainable futures by scaling blockchain technology towards broader adoption of blockchain systems. Team Techracers includes fantasy sports developers, business consultants and blockchain developers who understand the industry and its dynamics prolifically. By combining igaming, fantasy sports and sports betting experience with blockchain expertise, they are helping online gaming operators to offer engaging, trustworthy, fair and rewarding gaming environment to end users.

For more information, visit- http://www.techracers.com/


Contact Details:
Latha Sharma
Chief Marketing Officer - Techracers
+1 347 809 6804 | Skype: sales.techracers1
[email protected]