Blockchain’s iGaming Potential highlighted

With 140+ speakers, the London Blockchain Conference will provide attendees the chance to network with individuals and companies.

With blockchain technology having the potential to revolutionize the igaming industry, the upcoming London Blockchain Conference will showcase its potential.

The event is taking place at the Queen Elizabeth II Centre (QEII), London, from May 31 to June 2, and will welcome igaming enthusiasts and industry professionals.

It will bring together leading figures from the industry, including representatives from the Malta Gaming Authority, the HM Treasury board, and the Securities and Exchange Commission of the Philippines.

Continuing growth

The igaming sector has recently experienced remarkable growth, but it continues to grapple with issues of fairness and trust. Blockchain technology, however, offers a solution to these challenges.

By integrating blockchain into igaming platforms, the industry can address concerns such as calculating odds, securing monetary stakes, slow settlement rates, high fees, data protection, player safety, and responsible gambling.

The advantages of adopting blockchain are numerous.

Firstly, blockchain provides the igaming industry with robust security measures. Additionally, blockchain offers an immutable and accessible public ledger that documents all gaming activities and transactions.

Speed is another crucial factor for players, and blockchain technology enables near-instantaneous transactions at minimal fees.

Moreover, blockchain technology offers privacy and anonymity as it ensures that transactions remain untraceable using digital footprints and keys.

Blockchain adoption

Blockchain technology also levels the playing field by offering better odds and returns to players. Unlike traditional systems, blockchain introduces decentralization and peer-to-peer transactions, providing fairer betting opportunities for all participants.

On top of that, the integration of blockchain simplifies auditing processes for regulators, ensuring compliance and accountability within the sector.

London Blockchain Conference

London Blockchain Conference attendees will have the opportunity to participate in various panel discussions, including the Future of Blockchain Tokens and Blockchain Venture Capital Investing.

For individuals or companies unable to attend the event in person, there is an opportunity to join the conference remotely via an online platform.

The London Blockchain Conference further aims to explore emerging trends and facilitate connections between governments, enterprises, and blockchain entrepreneurs. Attendees will have the chance to forge relationships with influential individuals, developers, and investors in the blockchain and igaming space.

The event’s main sponsors are venture capital firm Ayre Ventures, tech company nChain, employee engagement and project management tool Block Dojo, and the non-profit Bitcoin Association.

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Written by Silvia Pavlof

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