Bitcoin was always designed to be a perfect match for the gambling industry, with it’s ability to conduct cost efficient and fast payments, while also providing an immutable audit trail that regulators love, and data networking opportunities for enterprising developers. CG London was a great exhibition of this, and it brought out non-executive chairman of Clarion Events Michael Caselli, who reflected on gambling’s history with Bitcoin.

Our very own Rebecca Liggero Fontana bumped into Caselli at the event and asked what brought him out. “It’s right down the road, it’s the ideal location for me,” he said. “Gaming industry’s here, it’s a huge global hub and I thought I better come down because I know a lot of other guys from the industry wanted to come down, and are coming down. And what’s interesting, anything blockchain is exciting, there’s got to be an application that we’re looking for now. A lot of companies are innovating and trying to find their applications for anything blockchain, and Bitcoin SV is just a really great platform with good throughput, good transaction volumes, the ability to do quite a lot of stuff on the application layers that you can’t do on some of the coins, and it just makes a lot of sense that the gaming industry is coming down and I’m here to support.”

Bitcoin SV, having finally unleashed the power of unlimited scaling on the blockchain, was impressing plenty of visitors at the conference, and Liggero Fontana asked what potential Caselli saw in it. “Decentralized solutions are good for a number of different things like exchanges,” he said. “Trust is an issue, so where there’s ever a trust issue for any application, then there’s a good solution for that. Trust issues may exist in countries which are yet to regulate, which don’t have a regulator that’s overseeing what’s going on, and then players could really self-regulate what’s happening by using an immutable blockchain.”

[youtube https://www.youtube.com/watch?v=Nh2a1bRvlZw?feature=oembed]