Blockchain Sports Ecosystem and Alpha Jossor Investments have signed a $3.30 billion Memorandum of Understanding to develop an innovative sports complex in Saudi Arabia, including a football school and real estate infrastructure, as well as a digital ID platform for athlete identities utilizing blockchain technology implementation for secure and transparent transactions. According to a press release "An important part of the MoU is that a digital ID platform will be created for athlete identities, thus enabling secure and transparent transactions within the sports industry. Partner colleges from 16 countries around the world will be connected to the platform to collect analytical data and identify the best football players, who will have the opportunity to study at quality colleges in Saudi Arabia. The platform will become the first solution to store athlete data and will launch a global process to inspect players on a global scale. An integrated solution using blockchain technology will optimize processes and data storage security. "