Blockchain technology has a huge potential in various spheres of life and it’s not just about finances. Today, Blockchain is used for data management, finance movement field, government and industrial enterprise functioning tasks etc.

But still, so far, there are some technology’s problems, that hamper its quick growth. These are scalability problems, transactional delays, commissions and just a simple breakdowns. Nowdays, solutions for these problems are gradually being found and new products are becoming not just Blockchain technology updates, but rather new stages of its evolution.

So, we are talking about systems of acyclic data graphs. Basing on this technology, a number of new cryptocurrencies are already working today. All of them show us high quality performance and they are already able to expand the notion of Blockchain technology in the financial sphere. We are sure that the development will also find it place in other spheres soon, but for now let’s give an example of one of the new cryptocurrency called ByteBall.

It is enough to name six short abstracts in order to identify the advantages and innovations of ByteBall in comparison with the technologies that are familiar to us.

Conditions in smart contracts and payments

System’s user sets a certain condition when receiving money and if the condition is not met, the amount is automatically returned to his account during the preliminary time period.

P2P insurance

Users can buy insurance and pay in case of negative events. Insurance can also be sold for profit.

Bets

You can bet on price fluctuations, insurance and even sports competitions.

P2P payments in the chat

Conducted by clicking on the link.

Chatbots

Also, it is possible to place orders in conversation with trade bots in a few clicks.

Bots Shop

Here you can find suitable bot to help your product/service. Moreover, developers have the opportunity to create and publish their products.

According to the DAG-based currencies, you can also add the following benefits: regulated assets, transactions with several signatures, final settlements, unchanged storage, etc.

Bitcoin operations are often called probabilistic given the fact that finality depends on the amount of transactions due to the risk of double costs. This forces the user to wait for multiple confirmations before the transaction is completed. Currencies based on DAG (ByteBall and others) use a system of deterministic criteria.

To conclude, ByteBall introduction for Worldopoly will be an important step in providing users with convenient and fast service, specifically due to the in-game experience growth. The numbers show that the capitalization of DAG-based currencies is steadily growing, so there is a chance that ByteBall currency will play a key role for Worldopoly at the time of the game release.