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In blockchain we trust: why the leading online-casinos adopt ‘trustless’ RNGs
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The revolution was not evident at first, but the blockchain technology is rapidly finding critical applications beyond cryptocurrency. Two industries that have been in dire need of innovation are the gaming and gambling industry. Blockchain technology and cryptocurrencies have been able to connect with both sectors at a deeper level tackling a long-daunting problem – transparency of a transactions.
One of the most significant challenges associated with traditional online casinos is that essential data, such as gaming results, winnings, payouts, and more info, is deliberately kept away or partially concealed from public scrutiny. Due to this fact, lots of users have lost faith in the industry and have shifted to casual gaming or other opportunities. The integration of blockchain technology is expected to solve these frictions that the online casino community has been facing since the gambling business was introduced to the internet.
However, why is the blockchain technology an A-list topic? For consumers, it adds a layer of trust because it promotes a way of allowing interaction without intermediaries. As an auditable and verifiable data storage system, it can record players’ moves while ensuring that the data is protected yet valid on an open ledger. For developers and entrepreneurs registering every movement of the players automatically opens up a whole new world of possibilities.
Casinos looking into implementing the blockchain gambling are an entirely new breed of online businesses which are fully decentralized, with no third-party verifying transactions. Thus, it enables a fair and transparent system for the online casino industry which could trigger getting back the old users and potentially foster the expansion of a new clients network. Implementing blockchain technology is a need of the time as users want to know the game is fair and they have a legitimate chance to win.
One of the industry leaders, BitStarz, is already using the Provably Fair System, which is a perk of implementing blockchain technology inside casino operations. SP8DE offers the ready-made solution, so businesses do not need to waste more time and resources investing in its development as it comes in a package that is easy to enact and at an affordable cost.
Yet, the major issue with the industry is the lack of trust with the random number generator (RNG). This represents a crucial aspect of ensuring the fairness of the game. A significant drawback of the industry is that users believe the numbers are not randomly generated which consequently led to widening the gap between the business and its consumers.
Blockchain developers have been looking into various breakthroughs to this problem, and there are not lots of projects which came up with a viable solution. A decentralized RNG is a Provably Fair system because part of the hash is generated by the client’s side and part by the node. The computation process becomes complex and difficult to hack or set to hack. This way, by adding more variables to the creation of the random numbers, SP8DE’s platform can easily generate millions of random numbers that could cover the needs of the industry and the providers.
The team developed a protocol that is combining off-chain and on-chain RNGs which can be easy to implement not just for casino providers, but for other industries as well such as gaming and many others. The numbers are generated on a blockchain network which makes it impossible to corrupt any transaction, thus ensuring the transparency and fairness that casino business needs to survive. SP8DE believes that RNG is more than just a set of random numbers as they are pioneering a platform that sells trust in times when innovation is the answer.
In the end, we need to see technology as an incremental process. The Internet had casinos connected to the full world, but the technological advancements stagnated ever since. Blockchain represents the revolution for many industries, and especially for the casino one. It reiterates the need for building systems that can ensure trust, transparency, and safety of transactions and information.
Source: Latest News on European Gaming Media Network
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Gamblers Connect, a leading and trusted iGaming Medium & Affiliate website for the iGaming sector, is excited to announce its latest strategic partnership with a true pillar of the European gaming industry: IZIGROUP.
Based in Malta, IZIGROUP is one of the most respected and established operators in the iGaming world. Its influence is immense, serving as the exclusive concessionaire for the National Lottery of Malta through their subsidiary, National Lottery plc. They also operate Malta’s most iconic land-based casino, the Dragonara Casino, a name synonymous with quality and heritage since 1964. The group also has a sports and casino betting platform, IZIBET.
But this partnership isn’t just about land-based prestige. IZIGROUP has powerfully translated its decades of experience into the digital realm with a formidable iGaming presence. This includes their flagship online brands, Dragonara Online Casino and IZIBET which are rapidly expanding beyond Malta into international markets.
Gamblers Connect’s mission has always been to act as the essential bridge, connecting its community with the most trusted, innovative, and responsible operators in the industry.
This partnership is a perfect embodiment of that goal. IZIGROUP’s entire operational philosophy is built on the same values: a deep commitment to safe, responsible, and engaging gaming experiences.
With €920 million in total gaming turnover last year and a clear strategy focused on digital innovation, IZIGROUP represents the gold standard of a modern, successful, and ethical gaming operator.
Gamblers Connect is proud to feature IZIGROUP’s brands and to provide users with a direct connection to their world-class portfolio. This collaboration strengthens the network and, more importantly, reinforces a promise to only partner with the best.
Gregory Busuttil, Acquisition & Retention Executive at IZIGROUP, commented: “This feels like a true partnership, not just another campaign — and that’s what sets it apart.”
Gjorgje Ristikj, Founder & CEO at Gamblers Connect, stated: “Our collaboration with IZIGROUP marks an important milestone for Gamblers Connect. Joining forces with a reputable Malta-based brand allows us to combine credibility with reach, delivering stronger exposure, better performance and a more mature presence in the industry. We see this partnership not as a campaign, but as the beginning of a long-term strategic relationship.”
The post IZIGROUP and Gamblers Connect Enter a New Partnership appeared first on European Gaming Industry News.
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Enter a mystical realm where three dragon eggs hold the power to unlock legendary fortunes. In Brave Dragon, you control a special Lucky Cell that you can place manually anywhere on the reels for each spin. When fuchsia, red, or blue coins land in your Lucky Cell, they instantly summon mighty dragons that boost prizes, multiply rewards, and increase coin values. Experience up to three bonus rounds running simultaneously on their own reel sets, while landing a single MEGA or SUPER symbol in your Lucky Cell awards the respective jackpot. Play Brave Dragon exclusively on the FANTASY cabinet!
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The post ZITRO PRESENTS NEW SLOT “BRAVE DRAGON”: PICK YOUR LUCK AND BRING DRAGONS TO LIFE! appeared first on European Gaming Industry News.
Latest News
A Splash of Color and a Burst of Fun with Amusnet’s newest release – Bulky Fruits Buy Bonus
Reading Time: < 1 minute
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The post A Splash of Color and a Burst of Fun with Amusnet’s newest release – Bulky Fruits Buy Bonus appeared first on European Gaming Industry News.
IZIGROUP and Gamblers Connect Enter a New Partnership
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