When you hear about Bitcoin and gambling, the first thing you probably think of is using it as a payment option. Blockchain technology, on the other hand, might give you thoughts of tracing data on the blockchain, and concepts of provable fairness. Well with Bitcoin SV (BSV), you can have it all, and an upcoming webinar from the Bitcoin Association is going to explain it all.

On May 12, presenter Chloe Tartan will host the Bitcoin Association webinar “Provably-fair gaming using the Bitcoin SV blockchain.” The 60 minute presentation, beginning at 5:00 pm BST (12:00 pm ET), will provide “a conceptual overview of provably fair gaming, and how it can be achieved using various techniques that leverage the Bitcoin SV blockchain.”

But what is provably-fair gaming? The concept is that, if an operator or game supplier uses blockchain technology to record and trace how a game runs, from start to end, they can allow regulators and customers to peek in at the seed used for every random-number generator result, and prove the fairness of the game for themselves.

Bitcoin SV (BSV), as the only blockchain that combines unlimited scalability with a stable protocol, has the unique ability to provide provably-fair gaming to a gambling operator, while also being the digital currency to pay out customers, affiliates, and any other vendors involved in the operation. Or, if they prefer, it can be used to pay in tokens, such as U.S. dollar stable coins, to keep the BSV entirely on the backside.