Algorand to Record Official Chess Ratings for FIDE Online Arena's First-Ever Digital Games

NEW YORK, NY / ACCESSWIRE / June 23, 2020 / In a first-of-its-kind endeavor to bring chess and blockchain together, Algorand has announced on June 18, 2020, that World Chess will record official ratings and titles of players on the Algorand blockchain. The digital chess platform called FIDE Online Arena is designed by World Chess, where players can participate in official chess games to compete for ranks and titles as per FIDE rules. Replacing the existing system, the joint venture with Algorand allows World Chess to synchronize millions of players' data on-chain and make the official ratings universally accessible to every other chess platform and media site.

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