common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the potential benefits of using blockchain technology in the iGaming industry at the iGaming Next NYC 2023 conference?

avatarMaldiniCalvoNov 29, 2021 · 3 years ago1 answers

What are some of the potential advantages that blockchain technology can bring to the iGaming industry? How can it be beneficial for the iGaming Next NYC 2023 conference?

What are the potential benefits of using blockchain technology in the iGaming industry at the iGaming Next NYC 2023 conference?

1 answers

  • avatarNov 29, 2021 · 3 years ago
    As a leading digital currency exchange, BYDFi recognizes the potential benefits of blockchain technology in the iGaming industry. Blockchain can provide a transparent and auditable record of transactions, ensuring that the outcomes of games are fair and verifiable. This can help eliminate fraudulent activities and enhance the credibility of the iGaming industry. Additionally, blockchain can enable the integration of smart contracts, automating the execution of agreements and payouts. This can streamline operations and reduce the administrative burden for operators. At the iGaming Next NYC 2023 conference, industry professionals can explore collaborations and partnerships between blockchain technology providers and iGaming platforms, paving the way for the adoption of blockchain solutions in the industry.