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3 Ways Blockchain Has Been Implemented In IGaming

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May 3, 2024 by Editor’s Desk


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iGaming is a rapidly evolving market. More people than ever before are opting to play at casinos online rather than in person and this can be for a few reasons – but one of the most compelling is the simple fact that the leading iGaming brands know how to evolve to keep up with ever-changing

iGaming is a rapidly evolving market. More people than ever before are opting to play at casinos online rather than in person and this can be for a few reasons – but one of the most compelling is the simple fact that the leading iGaming brands know how to evolve to keep up with ever-changing player demands and expectations.

As well as advancing graphically and in terms of gameplay over the years, iGaming has also been heavily influenced by blockchain. Today we are going to look at three of the top ways in which the iGaming sector has been influenced by this revolutionary technology.

The benefits of decentralisation

The first aspect of its influence is decentralisation. To explain how this influence has made an impact, we will compare it to traditional online casinos and sportsbooks. If you were to register at a standard online casino that does not have blockchain integrated into it, to ensure that everything is fair, square, and above board, the reliance is typically on third-party regulators and licence providers.

However, think about a site like Crypto Casino Ltd, which has established itself as a key player in the relatively new market for decentralized, crypto-powered iGaming sites. Since they have adopted blockchain at the very core of what they do, there is no need for these third parties. The reason for this is that you know with 100% conviction that everything is fair on the site, and this is down purely to the blockchain technology itself.

Every single result, without fail, is tracked on the iGaming website by blockchain and is all available on a public ledger. This eliminates any chance for any results or data to be tampered with, guaranteeing 100% transparency on any game or on any transaction at that particular iGaming online casino.

Safety and privacy

The second advantage of implementing blockchain into iGaming websites is that it provides those who are signing up and playing on the casino with unparalleled levels of privacy and safety. Again, to highlight how this works, we will compare it to a traditional online casino. If you sign up for one of those, you will have to provide all sorts of information, such as your name, address, phone number, email address, and financial details.

Whereas if you instead choose to opt for an iGaming website that has blockchain embedded in it, all it needs are details about your crypto wallet. And so, this means no personal information is given out. This is why some players already opt for operators that appear on lists from casinosnotongamstop.ltd. However, you can still create yourself a pseudonym if you wish so you do have a digital identity but nothing that identifies you personally.

Accessibility

The final advantage of blockchain being implemented on iGaming sites is accessibility. Some people, depending on where they are located in the world, struggle to access standard iGaming websites due to the restrictions on their access to international finance systems, resorting to use a VPN to access it. Cryptocurrency, however, is universal and without restrictions, meaning that these people can easily access these iGaming sites and start enjoying their online casino experience, which they would not have been able to access otherwise.

In Summary

Overall, blockchain has had a profound and transformative impact on the gaming industry for the reasons we have covered today and many more. As technology progresses, we can expect it to further its influence in other areas of iGaming that we have yet to see. If you have not experienced blockchain iGaming, we would certainly recommend it for the reasons above and many more.

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