Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

BitBoss – iGaming Blockchain Case Study

Published

on

BitBoss - iGaming Blockchain Case Study
BitBoss - iGaming Blockchain Case StudyReading Time: 3 minutes

 

It’s no secret that iGaming is big business, but the emergence of technology in the space hasn’t kept pace with the staggering growth the sector has continued to see year over year. Issues related to fairness, trust and transparency continue to plague too many operators, damaging the trust of consumers – and with it – the reputation of the wider industry.

In an effort to address these issues, as well as usher in a new era of interconnectedness between physical casinos and the iGaming sector, Denver-based iGaming company BitBoss have developed a range of technological-based solutions – all built using the power of the Bitcoin SV blockchain.

Bitcoin Association, the global industry body that works to advance business with Bitcoin SV, spoke to BitBoss CEO Matt Dickson about how their innovative blockchain applications in their latest iGaming on Blockchain case study – exploring how a number of their products work, as well as the potential impact they stand to have on the sector.

The standout product amongst BitBoss’ offerings is Bridge – a product designed to digitize the physical casino experience, while facilitating the seamless transition between land-based casinos and online offerings. BitBoss achieves this with a small piece of proprietary technology which costs around $100 and works with almost any slot machine. This enables players to connect their phone to the slot machine, with their casino chips tokenized on the blockchain and stored in a digital wallet. Players can move from machine-to-machine using the tokens stored in their wallet, or effortlessly shift to use it to play online.

‘Our genuine hope is that someday, a casino gambler sits down, uses our technology and has no idea that blockchain was behind it,’ says Matt Dickson, CEO of BitBoss.

‘We purposely designed this product to be backend agnostic – any casino can use it. Now, all of a sudden, your customer has a crypto wallet unbeknownst to them. If they want to cash out from the slot machine, the credits are moved to their phone, which makes it very easy for the casino to offer other services using those credits.’

Should customers choose to transition between the real-world and online casinos, BitBoss has also designed products to bring transparency and provable fairness to iGaming offerings.

‘We have a mobile ecosystem – we develop lottery games, roulette games, poker games, and we have slot machines coming – with all of these integrated very tightly into the crypto wallet’ says Dickson.

‘There are a lot of online casinos out there that seek to cheat people. They may not do it 100% of the time, but they may clip an extra 1 or 2 percent for themselves, Anytime that a player loses, in their mind, they think to themselves “did I get screwed here?” and in a lot of cases, they did!’

BitBoss has a range of offerings which allow iGaming offerings to be played out on the blockchain, which adds a new layer of transparency by directly linking bets to publicly verifiable transactions on the Bitcoin SV blockchain.
‘With the blockchain, all of the transactions are visible for the entire world to see. All of the transactions, once they are on the chain, they can never be changed,’ says Dickson.

‘As a player, if you have a dispute or question about your transactions, you don’t need to call your casino anymore. You can match up the transaction ID in your crypto wallet with a transaction ID on a block explorer, so you can see if your bet made it in time or not. You can see if you bet $20 or $30. It’s a great way to start to move clients in the direction of blockchain because it helps give them more visibility into what’s actually happening.’

Learn more about out how BitBoss and Bitcoin SV are working to transform the industry, read the full iGaming on Blockchain use case at the Bitcoin Association website.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BitBoss – iGaming Blockchain Case Study

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Booming Games Launches New Slot “Fruit Heaven Hold and Win™”

Published

on

Reading Time: < 1 minute

Booming Games has launched its latest sweet sensation to its collection of engaging slot games – Fruit Heaven Hold and Win™.

Fruit Heaven Hold and Win™ is a deliciously designed 5×3 slot game with 25 paylines, which promises players an exciting experience full of fantastic fruity features and Stacked Wilds.

The excitement ripens when 3 Scatter Symbols land, triggering 8 Free Spins that feature an appealing mix of Majors, Wilds, Scatters, and Value symbols. Also, it takes 6 or more Value Symbols to activate the Hold and Win feature that begins with 3 Re-Spins.

Additionally, Value symbols with multipliers up to 20x that land during the spins, holds the player’s position and reset the Re-Spins back to 3. Plus, Quick Hit Bonuses can award the Mini (25x) or Major (100x) Bonus prizes. Filling all 15-reel positions awards the Grand Bonus of 1000x.

Moritz Blume, Director of Product at Booming Games said: “We are really excited to launch Fruit Heaven Hold and Win™ across our network. It’s a colourful and playful experience, packed full of engaging features.

“We are solely focused on delivering high quality, high impact games and this game is no exception. We can’t wait for our customers to share this with their players and we are confident it will be a huge hit for our Hold and Win series.”

The post Booming Games Launches New Slot “Fruit Heaven Hold and Win™” appeared first on European Gaming Industry News.

Continue Reading

Latest News

Blueprint Gaming Combines Angling Excitement and Irish Folklore in Latest Title Plenty O’ Fish

Published

on

Reading Time: < 1 minute

 

Blueprint Gaming’s latest slot release tasks players to look for the leprechaun’s pot of gold under the water rather than at the end of the rainbow in Plenty O’ Fish, a 6×4 hybrid of sea creatures and shimmering rewards.

Players must look to unlock a tackle box of treasure with a jaunty leprechaun being the key to wins, lurking behind a dynamically coloured underwater background that changes when the bonus game is triggered.

Landing the leprechaun fisherman symbol triggers the Plenty O’ Fish collect feature, where players can reel in cash rewards or one of four exciting jackpots, selecting from major, mega, mini and minor.

Gold coins are also added to the treasure chest when a golden fish appears in view during the base game, with the chest able to close randomly and award a range of modifiers including free spins.

Free spins can also be triggered by landing three or more bonus symbols with instant upgrades awarded by landing gold coins, with any unused upgrades returned when the main game resumes.

Plenty O’ Fish adds further diversity to Blueprint Gaming’s catalogue of games, merging two popular themes to provide more content for all sectors of its growing player base.

“As we look to expand our portfolio, we combined proven themes to align fishing and Irish titles for Plenty O’ Fish; two of the most popular themes the slot sector has ever seen,” the Marketing and Relationships Director for Blueprint Gaming, Jo Purvis, said. “Adding a rich feature set to the crisp animation and catchy soundtrack means we’ve got another fantastic title in our tackle box.

“Players will love the ability to retrigger features, boosting excitement and rewards alongside the free spins to ensure the slot stands apart in a crowded market.”

The post Blueprint Gaming Combines Angling Excitement and Irish Folklore in Latest Title Plenty O’ Fish appeared first on European Gaming Industry News.

Continue Reading

Latest News

Pragmatic Play Roams Wild in Release the Bison

Published

on

Reading Time: < 1 minute

 

Pragmatic Play, a leading content supplier to the iGaming industry, has unleashed roaming wild re-spins and random guaranteed wins in Release the Bison.

Symbols of the American frontier abound in this 5×4 slot, where hitting four or more rampaging bison triggers the wild re-spin feature, during which all wilds roam the reels to boost win potential. If another wild lands on the re-spin, an additional re-spin is awarded and the total win multiplier increases by 1x. Any scatters that hit are also collected with at least three needed to trigger free spins.

In the base game, any non-winning spin is capable of randomly transforming into a win of 10x to 40x the total bet. And if three, four or five scatters hit, a wheel of fortune randomly awards up to 18 free spins with a 2x to 5x multiplier. Any wild symbol that lands during the bonus game stays on screen until the end of the round, roaming the reels with each free spin. Wilds are also collected in a meter, with additional free spins and increasing multipliers available from the fifth wild collected.

Release the Bison is the latest addition to Pragmatic Play’s multi-award-winning slots portfolio following recent releases Barnyard Megahays Megaways and Lobster Bob’s Sea Food and Win It.

“Pragmatic Play has delivered another thrilling game feature in Release the Bison with roaming wilds able to transform spins into a stampede of wins,” the Chief Operating Officer for Pragmatic Play, Irina Cornides, said.

Pragmatic Play currently produces up to eight new slot titles a month while also delivering live casino and bingo games as part of its multi-product portfolio, available through a single API.

The post Pragmatic Play Roams Wild in Release the Bison appeared first on European Gaming Industry News.

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.