Blockchain Technology Can Give Billion Dollar Gaming Industry A Decentralized Leg Up

  • 📰 Forbes
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Can blockchain technology give the billion-dollar gaming industry a decentralized leg up?

, a famous altcoin predecessor, and was mainly an experiment to see if a blockchain network could handle tens of thousands of players moving around a map in a decentralized blockchain world.

This game makes use of the blockchain by offering players a world with no central servers and no central authority. Players are in charge of everything, and the open source blockchain system provides a fair environment which prevents any cheating. Taurion looks to be a rather significant step forward in the blockchain gaming sphere as the gameplay itself does not appear to be hampered by its blockchain backbone, and instead, the technology is being used as a useful tool to bolster previous pain points seen in other MMOs.

Xaya appears to be trying to extend the potential uses of blockchain and crypto further by covering different sectors of the gaming market, with another game they are announcing soon - Soccer Manager Elite.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Massachusetts Gaming Commission will allow Wynn Resorts to retain its gaming license but will fine the company $35 millionThe decision clears the path for the global casino company to open its $2.6 billion property Encore Boston Harbor in Everett, Massachusetts, in June. Wow, I smell human trafficking here! Is that true? That gaming bullshit is a front of fronts if I’ve ever seen one! Big time everything criminalities there! WHY! This is not the 1920s! This is corruption in plain view of everyone!
Source: CNBC - 🏆 12. / 72 Read more »