The online gaming market has accumulated more purchasing power over time and with this power, trajectories are characterized by more than important profits. Some consultants have determined that the video game industry, for example, can focus on profits of up to $ 180 billion by 2021. What this means is more than good performance. In fact, their results have been very good over the past two years so that their income is equivalent to the total income earned by the music industry from the beginning.
Lately there has been a lot of talk about blockchain technology because it has become a technological phenomenon that takes a big dimension. It is said that blockchain technology can be the most common way to conduct financial transactions in the near future. Introducing this type of technology in the online gaming world can mean an increase in profits, because more and more users are asking for the possibility of paying online with their Bitcoin. In our country, a good example is what’s offered by Syndicate Casino New Zealand.
Bitcoin
The only reason many companies haven’t decided to take a simple step is volatility. Both the world of games and crypto coins have a large segment of users who come only to try their luck … and areas that are so difficult to manage can pose a big risk.
Some things to keep in mind about the relationship between online and cryptographic games:
– The world of online games is not new, which if there are, are some rules and conditions, for example in the case of poker games. And in the world, there are many differences about what you can and can’t play online.
– At the same time, we must realize that the percentage of users currently using crypto coins is still much lower than other online payment methods.
– The number of new users in online cities increases every year and most of them have smart devices to make payments online.
– Playing poker online is very common for gambling enthusiasts, including crypto coins as a form of payment can make them a little more common for developing industries.
– It’s true that both gamers and game developers can use the benefits offered by coins such as Bitcoin to make online services anonymously and without intermediaries.
– There are questions today, whether a blockchain-based transaction system can support more operations than what happened today.
– Transactions in Bitcoin are fully anonymous, this means that no one can know that someone is playing or making online bets.
What technological changes are offered by blockchain technology?
According to Alexandre Stachtchenko, co-founder of the Blockchain France website, the block chain is “like an account book taken by everyone.” It’s impossible to fake anything, because if you want to change transactions, you have to change it for the whole world too. “
Maybe that’s why the online game industry is beginning to understand what the benefits of this type of technology are, including: safer, more transparent and faster payments. At the same time, it will enable players to buy digital products by connecting them to their developers safely and directly.