Published on May 25th, 2017 | by bitcoin0
DAO. Casino: Information on how Fair Gambling is Powered by Ethereum
Indeed, accepting cryptocurrency so far has been the most common encounter with Blockchain systems for the traditional gambling industry.
Over the past two years, we have seen the development of new forms of gambling games – those powered by Ethereum.
A complex approach is needed
As Tarutov believes, systems powered by Ethereum have the potential to trigger a significant paradigm shift in many industries, including the online gambling industry, through eliminating the need to rely on third parties.
However, building individual gambling games on Ethereum doesn’t entirely solve the problem – one needs a broader approach.
DAO.Casino suggests approaching this in a holistic manner and covering the whole gambling industry value chain – from building gambling games fair-by-design to improving mechanisms of value distribution among contributors.