WaykiChain has built a decentralized game guessing application inheriting features from blockchain technology, moreover it is important to note that this application will be able to solve the problems presented by competitors on the unreasonable aspects facing the current game guessing industry, such as the low rate of return of the traditional game guessing platform, also the few scarce game guessing products that can be found available, the transparency, the multiple legal risks, the insecurity of funds and finally the cheating of the operators.div>
This application will be decentralized, it will not be controlled by any interested party, so it is impossible to falsify the results of game guessing. In addition, your information will be recorded in the distributed ledger and will not have access to be altered or manipulated by anyone.
Another advantage it has is that all users can verify any guessing record of the game at any time they wish in real time, through the blockchain browser. Fraud and any other illegal behavior can be detected and neutralized in time. For example, in baseball game guessing, this WaykiChain application will show the results of officially published games or those reliable (safe) results, accepted by the public, collecting and verifying the data in real time.
WaykiChain also offers a smart contract that distributes the yield based on the automatically calculated rate. All the realization and execution of the smart contract is pre-set, and the game guessing information of each user is recorded and cannot be changed on the blockchain. Therefore, all users can enjoy a fair, fair, open, open, uncoerced and equitable game environment. We can say that the blockchain technology itself is the most determinant and powerful endorsement for the game guessing application.
The game guessing application built on WaykiChain presents another significant advantage compared to the traditional game guessing platform: the operational cost. We can point out in this regard that WaykiChain is operated jointly by users and full nodes, so the interest (information) of what is paid to participants in the guessing game cannot be shared by any organization like the traditional operator.
If there is an individual who is very confident in his guessing game activity he can publish without any charge. Then a publisher, using the smart contract provided by WaykiChain, will be able to write their event and place their asset limits that they commit to WaykiChain as the return guessing game. If there is a user who is interested and has opposing views towards the event he can participate in the guessing game. Keeping in mind that the rate of return is decided by the proportion of capital invested by the participants when the final result of the event is announced.
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Bibliographical Reference:
[1] WICC WaykiChain White Paper Article: Online Access