(STL.News) The online casino industry is constantly evolving, and in recent years, blockchain technology has emerged as a disruptive force. While some casinos have been hesitant to adopt the new technology, others have already begun implementing it into their platforms. So what is blockchain technology, and why is it such a big deal for the casino industry? Keep reading to find out.
What is Blockchain Technology?
Blockchain technology is a distributed database that allows for secure, transparent, and tamper-proof transactions. Essentially, it is a digital ledger of all transactions that can be verified and authenticated by the parties involved. The great thing about blockchain technology is that it eliminates the need for a third party to verify or authenticate transactions, which makes it much more efficient and secure.
Current Status of Blockchain Technology in Gambling
While blockchain technology is still in its early stages, it has already disrupted the online gambling industry....
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