Due to the growing influence of cryptocurrencies in all areas of economic and financial interaction, more and more companies are thinking about integrating the benefits of decentralized assets into their businesses.
Banks create “stablecoins”, which are resistant to fluctuations, online stores develop payment systems with support for crypto coins, and some states even try to solve their economic problems in this way. The gambling industry did not stand aside, as we will discuss below.
In addition to the desire to “try their luck” and the excitement to increase their capital by several times, players often experience completely opposite feelings: suspicion, mistrust, fear of being caught by a scammer. Indeed, there are a lot of examples of dishonest companies that tweak the results of games, deliberately depriving them of the opportunity to win.
A possible solution to this problem may be the blockchain that is gaining immense popularity – a decentralized peer-to-peer network with blocks of information that cannot be faked. One of the pioneers who managed to realize a fully functioning Bitcoin casino was MintDice. For players of classic online casinos, it may seem fantastic what the team of this project realized: bets, payments and transactions inside the platform are recorded in the registry and are available for viewing to any user. That is, the most important obstacle to the game, which was a matter of trust, can be considered resolved.
Among the additional advantages of the platform, we noted the following:
- Unlimited Transactions. You can play with any amount, without limits and other unpleasant things in classic casinos.
- A decentralized registry is the absence of intermediaries, including financial ones. This means no commissions or additional fees.
- Anonymity, allowing to keep secret the personal data of the player, regardless of the turnover of his funds.
- A unique platform for investors, with which you can passively earn 7.5% of the profit from the deposit per year.
This information only confirms the fact that the skillful use of blockchain technology makes the business more transparent, faster and more profitable for the user. In the case of Mintdice, we are sure that the creators of the project will be able to change the gambling industry and offer something unique for gambling fans.