[Saudi Arabia will develop a digital ID platform for athletes] Golden Finance reported that Blockchain Sports Ecosystem and Alpha Jossor Investments signed a memorandum of understanding worth $3.3 billion 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 identity that uses blockchain technology to achieve secure and transparent transactions. According to a press release, "An important part of the memorandum of understanding is the creation of a digital ID platform for athlete identity, thereby achieving secure and transparent transactions within the sports industry. Partner academies from 16 countries around the world will connect to the platform to collect analytical data and identify the best football players, who will have the opportunity to study in high-quality academies in Saudi Arabia. The platform will be the first solution to store athlete data and will initiate a global process to examine players around the world. The integrated solution using blockchain technology will optimize the process and data storage security."