Gutshot July Issue

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F E AT U R E

Blockchain: A legitimate disruptor for gaming and poker No more associated with finance, Blockchain technology has now made an impressionable move into gaming and poker industry too. We take a quick look at how blockchain tech with its secured, complex and robust data encryption, can redefine the world as we know it.

By Athira Laji

O

ne of the most dominant features/inventions of new-gen technology has undoubtedly been blockchain. Its high-end cryptography and distributed ledgers make it a legitimate disruptor for industries where payments are being rolled on every minute and want their digital assets unbackable and unalterable. Blockchain is a key power for a potential game-changer for

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gaming and other real money segments due to its way of storing, transferring, and distributing data across massive networks. Its unique set of properties enables the data to remain unchanged or unmanipulated. Secured by complex cryptography that promotes robust data encryption, blockchain technology is now being used in redefining the entire scenario of the gaming industry as we know it.

More than just finance Blockchain technology is no more just associated with finance as it also made its presence felt in the gaming industry too. One has constantly faced problems of piracy, unjust revenue sharing, duplication of in-game assets, etc. With the potential to overcome these challenges, blockchain will play a critical role in designing and redefining the gaming industry for developers, distributors, and players.


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