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MECA Casino is planning to launch a new blockchain-based platform that aims to improve the trust quotient of online casinos through the innovative use of blockchain technology. The MECA Casino platform is a decentralised application, making use of the ICON blockchain. The MECA developers believe that ICON was the most suitable because of transactional speed, reliability, and transparency, which enables the team to “generate random, confirmable results and smart contracts to ensure accurate payouts.” The new platform aims to solve a perennial deficiency of casinos: that the possibility of casino winnings being manipulated through the non-random generation of game-utilised numbers by casino operators or hackers. Casino identified this credibility issue. As online gambling websites are relatively obscure and backed by anonymous individuals, there is no way for players to know whether or not the games they are playing are free of bias. With blockchain technology, however, the company can introduce transparency and trust to online games. The decentralised nature of the platform means that players can easily verify and audit results themselves at any time. The platform is capable of supporting individually-owned casinos and related assets. Those looking to provide games as a service can purchase the rights to such a casino and then earn revenue whenever users play games there. Users will also be able to control the decor and interior layout, that will potentially lure more players to their specific casino. The company is also offering a radical decrease in service fees charged to the end user.
For the original version including any supplementary images or video, visit https://europeangaming.eu/portal/latest-news/2018/08/17/26179/meca-casino-to-employ-blockchain-technology-to-boost-trust-in-online-gambling/
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Dekker’s proposals will be discussed at the meeting and Pot has called on all gambling providers to be a part of it. According to him “The best solution usually comes from a joint effort.” On top of that, Pot explained that Dekker’s proposal definitely has the power to get the bill in front of the upper house. However, he also believes that bigger barriers between gambling and social gaming should be introduced. This is reflected in the change the Netherlands Gaming Authority recently made when they changed their name to the Netherlands Gambling Authority. Niji has been in the writing industry for well over a decade or so.
For the original version including any supplementary images or video, visit https://europeangaming.eu/portal/latest-news/2018/08/10/25714/the-netherlands-renews-attempts-to-amend-to-remote-online-gambling-bill/
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