CasinoCoin shifted blockchains to the Ripple payment protocol as their new basis, borrowing sections of the open source code base to power their own coin. Well known in the traditional financial world, Ripple made massive inroads into a variety of banking institutions. Their product suite is in use by multiple corporations, an unusual feat for the nascent cryptocurrency world. As such, CasinoCoin’s use of the Ripple system for their coin only makes sense. Operationally, casinos are very similar to banks – and the back end financial technology is nearly identical. For online, regulated casinos that operate globally, Ripple’s payment protocol template will help CasinoCoin act as a gambling bridge currency. The greater the reach, the more potential profit streams for any online casino.
