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The gambling industry remains one of the most thriving sectors with $449. With this ever-increasing size, many gaming projects have explored blockchain features like immutability, transparency, and decentralization to transform the gaming experience. Blockchain reduces Fraud in gambling. Implementing blockchain technology into our gambling system will reduce the level of fraud heavily posed to the industry. The industry faces various hacks and customer fraud daily, bitstarz casino download. Making a payment to an online casino is the most important aspect of playing online, bitstarz casino download. The only thing you ever share when making a bitcoin transaction is the 'address' of your wallet. A string of numbers and letters that tell the network where to take money from, or where to send it to, bitstarz casino download. This is something that helps make bitcoin much safer to use, especially when dealing with online transactions. Bitcoin is borderless- which means that it doesn't fall prey to expensive bank fees when moving from different currencies or different parts of the world. It also means that bitcoin doesn't succumb to exchange rates either.
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According to expert estimates, the global gaming industry will exceed 525 billion dollars by 2022 which is approximately equivalent to 68 dollars per person planet-wide. Cryptocurrencies, on the other hand, already have established relations with iGaming ' around 50% of bitcoin transactions are currently attributed to online games, bitstarz casino avis. Transaction fees are very low and often are completely absent. Payments are irreversible: when a Bitcoin is sent, it's impossible to return it back, so gambling operators don't have to worry about chargeback frauds, bitstarz casino australia. On the one hand, they seem like perfect bedfellows, but dig a little deeper and the reasons why some major casinos refuse to accept them become obvious. Before using a cryptocurrency casinos, make sure they are safe and regulated, bitstarz casino ingen innskuddsbonus code 2021.
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