The tremendous improvements that the blockchain technology has brought into mankind cannot just be over-emphasised. Most times I sit down and wonder how the world would have really looked like without technology and innovations, maybe we would still be traveling several miles to get information across to each other.
I wouldn't want to waste too much of our time in this post praising the modern day technology (because I am a tech freak) but rather would like to go straight to the topic of the day which is another technological innovation that is bent towards tremendously improving the gambling sector.
Before I dive in fully to the review of this project, I would like to inform us or rather remind us that the gambling industry as at 2015 was worth $37.91 billion and has been forecasted by professionals to increase to $60billion by year 2020. This is a direct pointer to the fact that this industry is loaded with potentials and the most interesting fact is that they are yet to be explored.
The project I am introducing to you today called Bethash is well aware of the Pros and Cons of the industry and has therefore come up with a lasting blockchain based solution in order to further improve the gambling industry.
Introducing Bethash Platform
This is an EOS blockchain based platform that is dedicated towards restructuring the gambling industry through its peer to peer network with exclusive feature of decentralization and transparency.
With the peer-to-peer networking, ledger nodes, cross chain atomic swap and other exclusive functions of the platform, then its obvious that the bethash platform will succeed in taking the gambling industry to the next level.
Here on this platform, gamblers enjoy doing their thing and at the same time get paid for it through incentives. The most interesting feature of the platform is that you don’t need years of experience in gambling before you can use the platform but rather, the platform has been designed in such a user-friendly and easily usable way that even a novice would be able to comprehend easily.
Also on the platform, there’s opportunity for game developers to integrate their applications with the bethash network easily. Before this would be done, then the games must have met the standard requirement of being a game of skill. The game of skill is a test that developers pass through before getting their game added on the platform.
What are the Benefits of Using the Bethash Network for Gambling?
- Ability of placing bets by public or friends
- Ability to set up crazy challenges and get 10% of the jackpot as rewards
- User’s wallet are highly secured with top security measures
- Presence of live feed which keeps you abreast of what is happening at any point in time.
The native token of the platform which will serve as fuel for many operations is hpoint which is a token built on the EOS blockchain. It’s usecase is mainly for making standard payment when placing bets, voting, staking and all other payments on the platform.
Conclusion
Bethash is loaded with all the needed potentials to make gambling convenient for all which in no doubt will make the project succeed beyond all expectations, I personally feel that this is a project to watch out for and never to be missed.
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