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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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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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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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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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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