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The Chiliz blockchain is a digital ledger technology primarily designed for the sports and entertainment industries.
It powers the Chiliz platform and the associated Socios.com app, enabling fans to engage with their favorite sports teams and clubs through "fan tokens." These tokens grant holders certain voting rights in club decisions, access to exclusive rewards, promotions, and experiences.
The blockchain uses a proof of authority consensus mechanism, focusing on efficiency and scalability to handle transactions and interactions between fans and sports entities.