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Copyright: kentoh / 123RF Stock Photo This therefore allows huge opportunity for companies to increase their competitive advantage, by proving to their customers that their gambling services are inherently fair. Blockchain provides the assurance of a fair online gaming experience through the use of cryptography. “Thanks to the nature of the public ledger, blockchain brings an added level of transparency to the processes that power gambling, for instance, proven random number generation. Smart contracts allow both the operator and player to produce half of the random number each, rather than solely the operators generating numbers. These are then immutable and open, meaning anyone can validate the fairness of the game at the end of a session.” “The decentralised nature of blockchain technology could improve on current standards” CB: How does/would the technology enhance a users playing experience? What benefits would entice completely new players? JS: “The technology that FunFair uses enables players to have full control over their funds, held in a wallet controlled by private keys only available to the user. The player would only need to commit to the funds they specify each gambling session in a smart contract. “Their funds are never at risk, as the player never has to deposit, and therefore the commonly criticised withdrawal restrictions and other issues such as dormant account processes are replaced by instant payouts into the players secure crypto wallets. This is an attractive advantage, to any player, regardless of knowledge and experience with cryptocurrency.

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