Exaion Joins Chiliz Chain As Validator Node To Boost Security And Sustainability In Sports Blockchain

Exaion, a subsidiary of the French state-owned EDF Group, joins the Chiliz Chain as a validator node, enhancing the blockchain network's security, accuracy, and reliability. This collaboration brings together expertise from the energy, infrastructure, and technology sectors to drive forward sustainable and socially responsible blockchain integration.

Exaion, the subsidiary of the EDF Group, joins the ChilizChain as a validator node. As part of the Chiliz ecosystem, Exaion will play an important role in ensuring the security, accuracy, and reliability of the blockchain network. Their collaboration brings legendary expertise from the energy, infrastructure, and technology sectors, reinforcing Chiliz's mission to enhance fan engagement through blockchain technology.

Exaion's entry into the Chiliz ecosystem comes shortly after the announcement of new validators PSG and K-League. This move aligns with Chiliz's efforts to rebuild its tokenomics model, introducing a new inflation-staking rewards mechanism for CHZ holders, a transaction fee burning protocol (EIP 1559), and community incentives. Exaion's involvement will significantly bolster these initiatives, enhancing the overall functionality and security of the Chiliz Chain.

Fatih Balyeli, CEO and co-founder of Exaion, says:

"Exploring the sports and entertainment sectors opens new avenues for us, making our collaboration with Chiliz Chain as a validator node a pivotal strategy that resonates with our goal of shaping the future of digital engagement. Our commitment to energy efficiency and reducing environmental impact enriches Chiliz's mission to transform how fans interact with their passions."

Enhancing blockchain capabilities and fan interaction

The Chiliz Chain is renowned for its unique role in enhancing fan engagement through blockchain technology. It allows for the creation of Fan Tokens, NFTs, and decentralised applications (dApps), transforming how sports enthusiasts interact with their favourite teams and brands. With Exaion on board, the Chiliz Chain is set to further innovate in the sports and entertainment sectors, providing more advanced and sustainable solutions for digital engagement.

Exaion's philosophy is deeply rooted in security, sovereignty, eco-responsibility, and decentralisation. The company aims to remodel the digital services landscape by using its advanced technological infrastructure and sustainable practices. This collaboration with Chiliz highlights a shared vision between the two companies to integrate blockchain technology in a manner that is both environmentally sustainable and socially responsible.

This collaboration with Exaion not only strengthens the Chiliz Chain's technical capabilities but also reinforces its commitment to sustainability.

Alexandre Dreyfus, CEO of Chiliz, says:

"Having Exaion, a subsidiary of EDF, as a validator node on our chain is a testament to our commitment to sustainability and innovation. Their renowned expertise in the energy sector and proactive approach to eco-responsibility will significantly bolster our efforts in this space."

About Exaion

Exaion, a subsidiary of the EDF Group, was co-founded in 2020 by Fatih Balyeli and Laurent Bernou-Mazars, who became respectively its CEO and CTO. Aligned with the Group's raison d’être, Exaion supports industries in their digital transformation with a responsible and sustainable approach: upgrading old supercomputers, using largely decarbonised electricity, and recovering waste heat. Its mission revolves around data: accelerating its processing, ensuring its security, and facilitating access and control for users. Its experts develop efficient, innovative, and sovereign solutions and services. Exaion Inc., its subsidiary based in Montreal, Canada, serves the needs of North American stakeholders.

About Chiliz

Chiliz is the home of SportFi, where sports brands meet decentralised opportunities. Its infrastructure is driven by the Chiliz Chain, the first Layer-1 EVM-compatible blockchain for sports and entertainment, which now has a diverse ecosystem, fuelled by the Chiliz native token CHZ. The primary product on the Chiliz Chain, Socios.com, hosts a global community of over two million users, making it the largest non-finance/trading-centric web3 consumer-facing product globally by user base. They have partnerships with countless brands, including giants of world sport such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, S.S.C Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, A.S. Roma, and major F1 teams.

This partnership between Exaion and Chiliz marks a significant step forward in the integration of blockchain technology with the sports industry, promising to enhance digital engagement in an eco-friendly and socially responsible manner.