The recent article published on the CRYPTO UPDATES reveals that — Over the past few years, the blockchain technology has been edging its way in our lives, thus making over various fields of our daily routine. In fact, the benefits of this innovative technology can be seen on almost every corner as it has brought about improvements in various industries. Even though initially, it was introduced in the fintech world simply as a digital technology, presently, it has made its way to the gambling industry, which remains one of the most booming businesses out there.

By observing the development of Blockchain Technology in gambling industry, Pbet platform is also using it. The distributed ledger offered by Blockchain technologies allows a validation of transactions without the need to call 3rd parties, while maintaining confidentiality, complying with KYC standards and related regulations and ensuring high security. Even with these added benefits, the use of a decentralized system reduces the risks of fraud for all actors, content providers, players and operators.

Source: https://www.thecryptoupdates.com/how-blockchain-is-transforming-the-casino-industry/