Interactive
CRYPTOCURRENCY DAOGROUP
making them unreliable – as well as an easy target for cyber-attack.
Do you see the software being adopted by regulators as a new framework and, if so, what jurisdictions do you see acting first?
On one hand, the current iteration of what most see as the mainstream blockchain can be adopted by regulators under current frameworks, but taking into account the rise of new verticals such as esports, there will be plenty of adapting to do if we are to use blockchain as a widespread regulatory tool. Te MGA has certainly looked to position itself as the most forward-thinking. Who will be first past the post? It is hard to say – but logically one would expect it to be the jurisdiction with the most pressing need to do so, which is principally a case of regulation being a result of demand.
What products are on DAO's roadmap? Where do you see DAOGroup in 12 months’ time?
DAOWallet, our crypto-fiat gateway, has certainly established itself as our flagship product launch to kick off the first half of 2020, but we’ve a wealth of other exciting products in the pipeline with a target to launch during Q3 and Q4. Tese include DAOPlatform, a DAOBet
Our products and services, and commitment to client-driven development, are unmatched; and as the market continues to gain pace going forward, we will be the one meeting all an operator’s business and compliance requirements. We will have proven to be the right partner to turn to and look forward to being part of the industry’s transition into the next decade.
our soon to be released DAOPlatform. One example here is our signiDice algorithm - coupled with an RSA encryption, which means we can natively supply a tamper-resistant RNG solution straight out of the box.
Blockchain technology also allows players to verify the randomness of their games’ outcome – ensuring that the casino is not setting unreasonable odds in its favour. Could you explain how this works?
Tere are two principal ways to ensure fair play that we can speak about – smart contracts and SigniDice algorithms.
Smart Contracts, which hold the logic of the game, can be audited, but cannot be changed by a developer after they are listed on the platform. In the case of traditional casinos, most players will never know what has really happened to the mechanics in the background - so this is a gamechanger in terms of ensuring provable trust.
Te second, our blockchain-based SigniDice, when used by a platform, ensures that the casino cannot influence (or predict the outcome of) the RNG process. Tis means that the casino is unable to renege on any deal or attempt to second-guess an outcome – which means that the pre-wager agreement is in effect, cast iron.
Tis will go a long way towards solving disputes, and again, towards promoting a new era of player-operator relationships.
It is extremely difficult for blockchains to provide a level of randomness that is tamper- resistant enough to be used across gaming. Why is this?
Up until now, the mainstream approach has been to use ‘oracles’, which are in effect trusted off-chain services that deliver random numbers. Te problem with oracles, however, is that they can risk being corrupted. Teir security has also been compromised in the past,
blockchain based B2B online casino turnkey solution with transactional transparency and provably fair PRNG and smart contracts and DAOgames, which will offer proprietary and third-party games publishing. It is going to be a big year for us.
Where do I see us this time next year? Hopefully out of lockdown! Overall, I believe we are well positioned to establish our credentials as the crypto and blockchain solutions provider of choice for iGaming. We have got both the process and the tech to back up our claims – and now it is just a case of showcasing those benefits in action.
Our products and services, and commitment to client-driven development, are unmatched; and as the market continues to gain pace going forward, we will be the one meeting all an operator’s business and compliance requirements. We will have proven to be the right partner to turn to and look forward to being part of the industry’s transition into the next decade.
NEWSWIRE / INTERACTIVE / MARKET DATA P153
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