As we’ve known for some time, the advantages of using blocking technology for online gambling, and specifically the Bitcoin SV (BSV) blockchain, are clear. But for operators, suppliers and regulators that may need some convincing, the Bitcoin Association have put together a thorough explainer of why gambling is a perfect use case for Bitcoin.

There are several areas that online gambling still hasn’t reached its full potential, and an evolution in technology could help get it there. “Concerns over the calculation of odds, protection and payment of monetary stakes, slow settlement rates and high fees, not to mention issues with data protection and digital security, embody just some of the problems hampering online casinos,” the use case notes.

Thankfully, with the permanent, distributed ledger provided by blockchain technology, and the massive scaling and payments capabilities of BSV, each of these concerns can be addressed. With every piece of data tracked on the blockchain, Bitcoin brings a “permanent, immutable and transparent record” that improves online gambling for players, operators and regulators.

This isn’t just in theory. The Bitcoin Association points to BitBoss as a success story of implementing gambling applications on the BSV blockchain. The Colorado based company with a history in gambling has designed the Bridge Link system. With the installation of a cheap hardware product, physical slot machines connect to the blockchain and allow a seamless connection between the player, the machine and the casino’s back end.