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QUANTA


Blockchain RNGs and why you should use them now


Kostas Farris, CEO of Quanta, says that online gambling operators using traditional platforms can still take advantage of state-of-the-art blockchain random number generators.


O


ne of the main factors that deters online gambling operators from using the blockchain is that they assume they have to migrate their entire platform and systems to the technology. This would obviously be a massive – and costly – undertaking for established operators regardless of their size. For new brands, being born on the blockchain could be considered a big risk at this stage.


In reality, however, operators don’t have to take an all or nothing approach to embracing blockchain technologies and can actually mix and match them with legacy platforms. This might be using a blockchain payment processor to allow players to deposit and withdraw using cryptocurrencies, or it might be using a blockchain-powered random number generator (RNG).


In both instances, these modern, state-of- the-art blockchain products can be integrated into current platforms and used alongside existing payment gateways and RNGs. Let’s look at how this can be done with a random number generator and why operators should turn to blockchain solutions in the first place.


THE BENEFITS OF BLOCKCHAIN RNGS


There still remains a lack of trust among consumers when it comes to the fairness of online gambling sites and particularly the outcome of games. In its latest participation report, the UK Gambling Commission said only 30% of respondents believe that gambling is fair and can be trusted. The benefits of using blockchain-powered RNGs are that they offer unrivalled levels of fairness and transparency, and thanks to the innovative design of the Quanta RNG, players can even participate in the number generation process.


This, of course, goes a long way to 60 JULY 2019 CIO


deposits into their wagering wallet. Before a lottery draw takes place, the player is given the option to opt-in to the RNG process. If they do, they are sent a randomly generated number which they then send back to the RNG for inclusion in the seed. The RNG process is then initiated and the random outcome of the game generated. Once this has happened, the player can verify the fairness of the RNG process from the seed to the random outcome.


overcoming trust issues particularly in markets where consumers have not been able to access online gambling brands and products in the past.


HOW QUANTA’S BLOCKCHAIN RNG WORKS IN PRACTICE There is still a level of uncertainty around how blockchain products work, let alone how they can be used to power random number generators, so let me briefly explain by way of example:


Quanta has developed its own blockchain RNG which we use to determine the random outcome of our Quanta Lottery and Quanta Prize Draw games whilst at the same time providing the means to strengthen player engagement. The process through which the random number is generated differs from that of a traditional RNG where the algorithm requires an initial seed to begin generating the numbers that determine the outcome. With the Quanta RNG, we have added an extra input at the seed stage that allows the player to contribute their own seed number to the process.


This is how it works in practice: A player opens an account with the Quanta Lottery – or any other online gambling operator that uses the Quanta RNG – and


Players that decide to participate in the random number generation process are rewarded with a percentage of the revenues generated from the draw.


BLOCKCHAIN RNGS CAN BE USED ACROSS ALL VERTICALS Blockchain RNGs can be used across all gaming platforms and verticals, from slots to table games and bingo to deliver superior fairness and increased transparency. The integration process is very simple and is based on a standard API which supports straightforward functionality through a clear set of commands.


This means that operators large and small, established and new, can begin taking advantage of the tremendous upsides of a blockchain RNG today. Those that do will be able to see first-hand how powerful the technology is, and it will most likely be the first step towards migrating to the blockchain entirely.


There is still a level of uncertainty around how blockchain products work, let alone how they can be used to power random number generators


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