BLOCKCHAIN
Blockchain Technology is About to Pitch in The Global Betting Industry

2018-01-19 23:20:01
by Saffron Weale
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Blockchain Technology is About to Pitch in The Global Betting Industry

It may have already demonstrated troublesome potential within insurance, banking and intellectual property but now Blockchain is about to test the global betting industry.

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A new Blockchain technology entitled Bethereum has been chosen to deliver a pitch at the ICE Totally Gaming conference, between 6-8th of February 2018, an event providing experts and officials within the gaming and gambling industry a chance to meet and socialise. Bethereum is a social betting platform powered by Blockchain technology and uses Smart Contracts with the aim of increasing security and the speed of pay-out.

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The online betting industry has various problems such as security issues, the lack of transparency and alleged unfairness. Bethereum aims to combat this, focusing on the experience of users as well as the social side of things. Describing a form of betting where players bet against each other instead of bookmaker odds, Bethereum wants to create an automated and attractive social betting platform.

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The makers of Bethereum have also created their very own ERC20 be

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