The concept of “provably-fair gaming” has been around for a while and if memory serves me, Charlie Shrem was one of the first people to start using the term during iGaming panels as far back as 2012.
For those of you who don’t know, games built on the blockchain can be verified for fairness by the player, as opposed to having to rely on third parties to vouch for the fairness of a non-blockchain RNG game.
In a time where land based casinos are a “no-fly” zone and the majority of the Earth’s population is stuck at home, internet gaming is likely to attract new customers looking for entertainment and these people will need reassurance that they games they are playing are fair.
nChain, the leader in enterprise-grade public blockchain solutions, has developed a unique provably-fair random number generator (RNG) on the Bitcoin SV blockchain and wants to educate iGaming companies on the technology.