IntroductionIn 2012, the aggregated income from casinos around the globe accounted for USD 450 Billion in revenue, 88% of which came from offline casinos. Providence is providing a revolutionary new way of operating casinos by eliminating the cash element and replacing it with cryptocurrency. This structure will be the first of its kind where gamblers may buy chips with cryptocurrency and every transaction in the casino is recorded on a blockchain network. Providence intends to integrate this cryptocurrency based structure at every retail outlet casinos. By this method, the company will introduce a potentially vast market for the spending of cryptocurrency, gambling. Since all transactions will be recorded on a blockchain, Providence also intends to eliminate any chance of fraudulent activity involved in the casino increasing customer trust.







RoadmapProvidence is not only taking advantage of its introductory position for a revolutionary application of cryptocurrency for casinos, but th…