In previous articles, we have introduced how a decentralized random number generation works. As we stated that public randomness is essential in many applications, especially in decentralized applications thanks to the rise of blockchain technology. In this article, we examine some of the use-cases that dRNGs can be used for and why they offer better solutions than …
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GINAR is a random number generator that runs on a decentralized network. Discover what makes GINAR’s random numbers different?. In the previous article, we talked about multi-party random number generation. This is a mechanism to produce a single value from the contributions of multiple parties. GINAR is a multi-party random number generator. This article will …
People have been fascinated by the concept of randomness since the early days of history. We have never stopped figuring out rules by which things operate. As in our nature, we want to refuse to assume that anything occurs in a random manner. We observe things, look for patterns, make predictions. Gradually, people started to …
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During October, extensive performance scaling and testing were carried out on the GINAR prototype, along with the introduction of various improvements in user experience. Core Layer is approaching production-level capacity, where more than a million numbers are generated per second. GINAR has enriched the verification logic with proof integrity guarantees and random number confirmation in …
According to a Technavio’s latest report, it is anticipated that the global online gambling market will expand rapidly, with a forecasted compound annual growth rate (CAGR) of 11.8% from 2018 to 2026. New online casinos pop up almost on a weekly basis trying to get their share of the market. Individuals and business are facing …
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On October 24th 9:30AM- 13:30 PM, GINAR joins Infinity Blockchain Ventures (IBV) and the Malaysian Industry-Government Group for High Technology (MIGHT) to present a 4-hour in-depth overview of blockchain potential in Malaysia, titled “TECHNOMART: Adding Value through Blockchain” at the MIGHT Partnership Hub, Cyberjaya, Selangor (Address: 6, Jalan Impact, Cyber 6, 63000). Joining GINAR are ACCESS Malaysia, …
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Randomness is a criterion to evaluate the security level of a system. Traditional random number generation is centralized and lacks an easy cost effective way to verify the results or if there has been any tampering. Blockchain random number generators as known as decentralized random number generators, on the other hand, solve this problem by …
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If you are looking for a quick overview of GINAR as well as our decentralized random number generator (dRNG) service – you can check our newly published one pager. GINAR is set to release a best-in-class dRNG that will change the financial, gambling, and IOT industry by providing the fastest, most secure and easily verifiable service. …
This September, as the next milestone approaches, GINAR developers sprinted to get essential components functional. Core Layer has been scaled up in the number of participants as well as generation capacity, which reaches up to 2 million random bits per second. The User Dashboard experience, which includes Registration & Login interface, API key fetching and …
The gambling market remains lucrative with opportunities waiting to be discovered. In the epoch of blockchain technology, new disruptive innovation can create new avenues for traditional business to capitalize on and revolutionize how an industry works. Gambling market The major players of the gaming market can be segmented into 3 dominant regions namely: Asia-Pacific, North …
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GINAR white paper version 2.0. was published on September 25th, meeting the timeline commitment. GINAR is a blockchain technology company specializing in providing Decentralized Random Number Generation service. Decentralized Random Number Generation, or dRNG, is a key component to applications that benefit from true randomness. Gambling like bingo, card games, the lottery, and similar games are prime …
Traditionally, random number generators (RNGs) are classified into two types: true random number generators (TRNGs) and pseudo-random number generators (PRNGs). TRNGs use non-deterministic physical processes such as the use of dice, coin-flipping or the use of physical sources such as thermal noise, radio noise and so on. Because the physical nature of this process cannot …
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The development crew of GINAR has released their second version of the prototype with plenty of feature introductions and improvements. The Core Layer component has been integrated with a private blockchain which finalizes number requests and proofs, all of which are made available for verification. The Public Layer component was refurbished, providing more consistent performance while …
Random number is complex technological innovation that relies heavily on the nature of the mathematical algorithm to generate. There are numerous applications of random number ingrained in our lives, most of which are generated by a random number generator hardware. However, modern random numbers are pseudorandomness and are generated in a predictable fashion using a …
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GINAR prototype has four signature updates in July The Golang prototype will be a fully functional mirror of the preceding Core Layer implementation in C#. Each instance of the “contributor” package will manage a registered contributor running a secure local pseudo-random number generator (PRNG) for on-demand submission. Each ticket received from the public blockchain will be …
On 9th August 2018, Ginar – represented by Mr. Harry Pham, GINAR Project Director – had the chance to introduce GINAR’s service to many leaders in the Blockchain field at the Memorandum of Understanding Signing Ceremony, marking the collaboration between Global Blockchain Industry and Taiwan Tech University for the future prospect of application opportunities for …
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Casino games are acknowledged as games of chance which even if you win or lose is fully decided by a randomizing element. In land based casinos, it could be the turn of a card, the roll of a dice, or the spin of a roulette wheel. For online casinos, the biggest challenge that they have …
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Online gambling is one of the most promising industries with a projected compound annual growth rate of more than 9% by 2021. It is expected to surpass $59 billion USD in 2018. A study conducted by SuperData Research found that mobile gambling/gaming grew 75% year-over-year and currently, it accounts for over 25% of all gambling. …
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