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Bitci Technology has signed an agreement with McLaren Racing, one of the most successful teams in Formula 1 history, to develop blockchain technologies. In accordance with the collaboration, Bitci Technology will put a special token project into practice for the McLaren Formula 1 team. With the agreement in question, the native blockchain developed by Turkish engineers will be used for the first time in the Formula 1 organization.
Bitci Technology, which has managed to export Turkish blockchain abroad due to the agreements with Glasgow Rangers and Real Betis, one of the most outstanding clubs in European football, will now represent our country in Formula 1. Formula 1 is one of the most watched sporting events in the world. Based in the UK, McLaren Racing has won 12 drivers’ championships and eight world championships as a team since its first race in 1966 and recently turned to Bitci Technology to develop blockchain technologies.
TURKISH BLOCK CHAIN WILL APPEAR IN FORMULA 1
In parallel to the agreement, Bitci Technology will carry out a special token project for the McLaren Formula 1 team. The token project in question will work on Bitci Chain, Turkey’s first native blockchain platform developed by Turkish engineers and software developers within Bitci Technology. The details of the token project will be announced in the following months.
BİTCİ.COM LOGO WILL APPEAR ON RACING CARS AND HELMETS
Under the agreement, which will last for several years, the Bitci.com logo will appear on the McLaren F1 Team MCL35M racing cars and on the drivers’ helmets. This is the first time that a Turkish company will take part in the Formula 1 organization in this area.
GREAT SOURCE OF PRIDE FOR THE TURKISH TECHNOLOGY INDUSTRY
The CEO of Bitci Technology, Çağdaş Çağlar, said on the subject that they are very proud and happy to take the lead in such an agreement, and said: “Formula 1 is one of the most famous and respected sports organizations in the EU world. The fact that McLaren Racing, one of the most outstanding teams of this organization and with its successes regarded as one of the legends of Formula 1 around the world, has decided on this project to work with a Turkish blockchain company is of great importance solid proof of the global success of Turkish entrepreneurs, engineers and software developers.
SPORTS ORGANIZATION WITH THE MOST INTENSIVE USE OF TECHNOLOGY
Mr. Çağdaş stated that “the areas of application of the blockchain are expanding day by day and this technology will open a much wider horizon. For all institutions, especially sports clubs. Mr Çağdaş added that Formula 1 is undoubtedly the leading organization that uses innovation, research and development more than any other event in the world. In an organization in which new technologies are at the forefront, we as Bitci will be ready with our technological infrastructure, which we trust very much and which enables our business partner McLaren Racing to achieve even greater success. “
McLaren Racing Commercial Director Mark Waller said:
“We are pleased to announce bitci.com as the official partner of our McLaren F1 Team. This long-term partnership with the brand and the introduction of a fan token will be the first of its kind in the sport. We look forward to working with Bitci.com and seeing the brand on the MCL35M for the first time this weekend at the start of the 2021 Formula 1 season in Bahrain. “