Starting off the gambling track of CoinGeek Live was a panel on ‘Esports & Advantages of a Massively Scalable Blockchain’. Moderator Jimmy Nguyen, Founding President of the Bitcoin Association, was joined by John Brackens – CTO of the Esports Entertainment Group (EEG), Adam Kling – CEO of Kronoverse and Rahul Sood Co-Founder & CEO of Unikrn.

Sood noted that it may soon be too late to get into the esports craze, so the time to join is now. Operators are hitting up Unikrn for esports product, as Covid-19 has forced a realization that “It’s time to innovate or die,” he said.

EEG, which helps promote esports betting, has an eye to what the industry needs, and Brackens noted that a blockchain like Bitcoin SV, with microtransactions and an audit trail, is a perfect solution. He said:

“Blockchain really helps towards that whole transparency aspect of it. Blockchain holds people accountable for their actions. Having a mechanism in place that is tamper proof and transparent not only helps detour scammers that might seek to exploit or take advantage of operators, but it also provides a clear audit trail for anyone that might want to review the entire history of a match, the gameplay or the transaction history.”