Kronoverse is building an amazing new world of online gaming on the Bitcoin SV (BSV) blockchain, lead by their first game Cryptofights. But putting the world of gaming on the blockchain isn’t just a neat trick to attract gamers; it offers tangible benefits that gambling operators should be aware of. Kronoverse CEO Adam Kling joined our Becky Liggero Fontana to talk about these upgrades.
[youtube https://www.youtube.com/watch?v=RbfYC-aOlMc?feature=oembed&w=500&h=281]
One of the ways esports has been held back as a betting product has been questions of cheating. “So there’s big issues with game integrity in eSports, and what Kronoverse is doing differently is that every move or a decision in a game that is made on the Kronoverse platform is actually a Bitcoin transaction” Kling explained.
But what does making every move a transaction accomplish? Think of it like counting balls and strikes in baseball, or keeping a hand history for poker. “When we essentially create transactions for all the moves in the game, we actually have an audit trail of what can happen,” Kling said. “So if regulators that I think will come into the future can actually start to look at that, and we also have the community-at-large, can actually have the transparency and it’s actually see what is happening in the network, because again it’s all proprietary now. All the big games, they’re all run by the game developers, nobody knows what’s going on in there. We don’t know how many people are cheating, how many people are, like even if they change something within the game, we don’t know that unless they tell us.”