Built for Fantasy Sports
Secure Your Fantasy Sports Bets with Verifiable Data Integrity
Fantasy sports bettors rely on data integrity to gain a competitive edge. The risk of data manipulation and disputed timestamps undermines trust. Witnessd provides a blockchain-based solution to ensure verifiable data for fantasy sports platforms.
Overcoming Industry Hurdles
Real-time Data Sourcing and Processing
Platforms send critical data (team lineups, in-game events, results) to Witnessd, which processes it using hashing for data verification.
Data Commit to an Immutable Store
The root hash of the Merkle Tree (or other relevant cryptographic proofs) is recorded onto an immutable data store, such as a blockchain. This data commit creates a permanent and auditable record of the data at a specific point in time.
Immutable Timestamping
By recording the data's cryptographic hash on a blockchain, Witnessd provides an immutable timestamp anchored to the blockchain's transaction history. Blockchain timestamps prove when data was processed, preventing backdating and manipulation.
Verification through Trust Explorer
Users verify data integrity and timestamps via the Trust Explorer, ensuring their bets are based on accurate, unaltered information.They could also ensure that the data related to their bets was included in the Merkle Tree, and if the root hash matches the record on the blockchain. This allows players to confirm that team compositions were indeed locked at the stated time and that final results have not been altered.
Increased Transparency and Trust
Witnessd increases the trustworthiness of fantasy sports betting platforms by ensuring transparency and verifiability in data sourcing, processing, and commitment. Users are provided with cryptographic proof that the platform operates fairly and that the data used for betting outcomes is accurate and untampered.