ICO Today Magazine News
The idea of combining blockchain, cryptography and Gambling is the main point of our platform. Main idea of blockchain and p2p currencies like Bitcoin, litecoin etc is zero trust between parties. Blockchain technologies allows us to make transfers between users and interact with blockchain network without any trust to third parties, instead of centralized systems like banks, exchanges and etc.
Other words you keep your funds in safe and interacting with other participators of network without necessity to trust anybody.
Cryptography solves all issues with trust and network functionality. Blockchain is absolutely transparent and decentralized network, which means there is no way to control it or make any kind of manipulations. The next step of blockchain technologies is smart contracts. Smart contracts allow the performance of credible transactions or other implemented actions without third parties.
Gamling industry such area where all the advantages of blockchain and transparency solutions must be integrated. The benefits of blockchain - decentralization, transparency, fair control, RNG verifications, low transaction costs is a things which so required for the gambling. So why don’t we bring such benefits into the gambling industry?
Just imagine if we may develop a decentralized and transparent robot, whom mixing a deck of cards and distributes cards to players, with no technically possibility of any cheating or manipulations. This may sound like futuristic science fiction. With Fatum, it’s now on our doorstep.