The main advantage that blockchain gives to a casino is decentralization.
The Gambling Industry
Blockchain technology will increase the confidence in gaming services through transparency and prevent fraud on the part of the organizers.
Lack of trust.
Deficiency of confidence in gambling: organizers can influence the randomness of events or distort data on payments.
There is no guarantee of payment.
The player may not receive a reward under various pretexts, for example, because of the bankruptcy of the casino.
The available services may be geographically limited.
Dependence on banking services.
Banks significantly limit cooperation with gaming services or do not cooperate at all.
Casino on the blockchain
The main differences from conventional casinos are as follows:
- decentralization of the games created on the blockchain
- open code of a casino or a gaming service
- inability to influence completed game
Blockchain provides players the ability to perform transactions not from bank cards and accounts, but using Credits (CS) coins, that is, the cryptocurrency is used as a mean of settlement within the game. The player receives a prize in the cryptocurrency and can exchange it for fiat money on special exchanges.
Guarantee of remuneration payment. In case of a victory, the player will receive a winning and even the organizer will not be able to prevent it.
Reliability of the formation of random values. A smart contract on the Credits blockchain is used as a random number generator.
Absence of intermediaries and banks. Direct interaction between the player and the casino when transferring the cryptocurrency.
Casinos work in a global network, as well as a blockchain platform. There are no borders typical for fiat money.
Part of the game is implemented using a smart contract
A random value can be generated to determine the outcome of the game in a smart contract. Generation algorithms are available to all players.
The game is fully implemented on the blockchain
The game is a single decentralized application, fully implemented on the Credits blockchain.
The game uses crypto currency
The player receives not fiat money, but the Credits cryptocurrency as a reward. At the end of the game, player can exchange them to fiat money.
Decentralized online casino
Custom Online Casino
Poker on the blockchain
Monitoring of game and betting services
Blockchain returns trust
We have created a unique blockchain platform which makes it possible to adopt blockchain technology in a variety of existing industries
Single protocol for issuing, storing and transferring various types of assets
Infrastructure on a distributed network with a public registry
Accounts system with public and private keys
Set of security systems
Built-in programming language for creating services
We have a strong team of programmers and support offering:
Consultations on how to use our technologies
Help with PoC (proof of concept) and MVP development