BLOCKCHAIN INNOVATIONS CORP
isn’t a gamble
that win
that are scored on a moving scale with different potential winnings.
With BCI’s PebbleGo functionality, we can offer instant, pro able confirmation on blockchain and at the same time remove counter-party risk. Users lock their coins for wagering and although in their possession, they cannot be aded until they are released. BCI’s roadmap includes a comprehensive back-office product portfolio including managed risk, marketing, compliance, and operator
customization.cust
prov rem wag trad com man
voting, and its network is secured for a few thousand dollars a year.
Our blockchain platform and wallet applications occupy a
fraction of the footprint conventional gaming platform configurations require across an entire business and provide the eco-system to truly harness the power of a de-centralized network to validate and process transactions faster and more securely than traditional technologies and systems. Coupled with a price point that, relatively speaking approaches near-zero cost, and we feel there is a very compelling product that improves our industry for both the player and operator.
CIO: Are there any additional upsides when compared with the current technologies being used by online gambling operators? MS: Our fully-functional crypto-wallet seamlessly integrates with our customers’ existing PAM systems and, with one email, operators can offer a one-click registration for any known player to set up her crypto-wallet for smart contract wagers. Our technology reports directly into the operator’s current systems and even allows crypto players to wager against fiat players. Inside our smart contracts platform players and operators
can trade, sell, and even gift their wagers to any number of other users and all in any fractional amount of the amount they initially wagered down to nine decimal places. BCI charges a negligible microtransaction fee to the players and the winner is charged a fraction of a percent of the amount won. Without any further action the bet will settle, and the proper amounts are awarded to the winning wallet. Additionally, BCI’s solution allows for unique wager types
CIO: What are your thoughts on the blockchain sector and its growth? MS: Obviously, we are excited that crypto and blockchain has entered the conversation across the industry. We are encouraged by the recognition by operators and regulators that this technology is going to be a part of our industry’s future and that they are either taking the time to educate themselves and prepare for this shift within the space or have begun adoption of the technology. We feel that the technology will reap benefits beyond those that are readily apparent today for both the commercial and regulatory areas within in space. Today, people recognize it’s a cheaper and “lighter”
CIO and
“
technology that’s able to accomplish multiple tasks with a single solution that have been traditionally completed by multiple systems. That set of advantages alone over cumbersome conventional platforms, which are expensive and complicated to build, maintain, and scale, has enough substance to make blockchain a compelling alternative and has driven the conversation so far.
CIO: What challenges have you faced with your technology? MS: We face the same problems any new, rapidly emerging technology spanning multiple industries would encounter – imperfect information and a lack of access. Largely, we suffer from a misunderstanding of the differences and the relationship between crypto-currency and blockchain technology. Also, because this technology cuts across a host of industries, the features or aspects of one coin or blockchain do not hold true for another, not to mention the conflation of the value of Bitcoin with any blockchain
JULY 2018 57 The technology will
reap benefits beyond those that are readily apparent today
”
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