The online gaming industry is beginning to embrace Blockchain programming, which allows a network of independent computers to run online games without the need of central sites.
That’s according to a report on the tech site the-blockchain.com. The report notes that there have been several recent start-ups of gambling sites that use the technology.
Since blockchain means there is no central site controlling games, users in the network would not be able to manipulate games or gain a centralized advantage, increasing trust in the games for players.
The report pointed to the start-up VDice, which is billed as the world’s first fully decentralized gambling platform. The site went live in June and has been gaining popularity with computer enthusiasts, according to the report.
“The core vDice game is a classic SatoshiDICE (SD) influenced betting game, implemented as an Ethereum Smart Contract,” site founder Jason Colby told the website. “So, unlike SD, it is fully decentralized with no server architecture at all. This is the next level of decentralization in online betting. This game is live, popular and already processing bets. It is out of proof-of-concept stage. The concept is already proven. By Phase 3 of the development roadmap we hit the “Pioneer” stage. This is where we develop out the vDice brand and site as a platform for developers.”
The technology could also allow regulators accessing a Blockchain-based ledger better access to required data and would increase transparency, which would discourage money laundering.
