Betcointech: Bitcoin Technology for Online Gaming
Bitcoinist does not endorse or encourage gambling in any form. We are not responsible for any losses or gains individuals experience by engaging in Bitcoin gambling. The Betcointech founders first heard about bitcoin in early 2013 and bought their first bitcoins in the middle of 2013 right before the price went to $1000 and above. After purchasing their first coins, Oron an Eilon came to believe that Bitcoin could be the perfect solution to everything! Betcointech strongly believes in the blockchain. Oron Barber and Eilon Arad feel that the blockchain technology will be adopted by a vast....
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The advent of blockchain technology has revolutionized and disrupted many industries from finance to transportation, supply chain to healthcare, and many more. Currently, the gaming industry is feeling the disruptive impact of blockchain technology, and it is so beautiful to see. The gaming industry has come a long way from its humble beginning. If you […]
Whether you’re into online sports betting or playing online poker, here are some ways that the bitcoin has changed, and improved, the online gaming industry. Even though cryptocurrency is relatively new in comparison to the history of online gaming, the bitcoin has made a number of positive changes to the online gaming industry and it looks like it may be here to stay. While many of us are familiar with the advantages of using bitcoin for a variety of online businesses, unless you’re a hardcore and frequent online gamer, the benefits of cryptocurrency has probably been overlooked. Whether....
The concept of digital currency has been in the gaming sector for a while now. If you are used to playing games online or on a mobile phone then you will be familiar with the game coins or special XP points. Whenever you reach a milestone these XP points gets credited, which can be used to buy upgrades. In order to accumulate enough points, you will have to put in a lot of gaming hours. Alternatively, one can buy these achievement points in the form of in-app (or in-game) purchases. In order to make these purchases, one has to pay with fiat currency. There are many online gambling....
Certain virtual currencies are trying to take gaming to the next level, and now DigiByte Gaming has added Counterstrike Global Offense (CS: GO) to their online gaming platform. There has always been a certain overlap between gaming and digital currency communities, which has lead to some success for Bitcoin so far. Various online cd key shops have....
While video & online games are making first small steps towards Bitcoin, gambling is already there. Cointelegraph looks into why cryptocurrency payment systems are still underdeveloped. Bitcoin as part of online gaming ecosystem. The talks started in 2011. Back then, entrepreneur Calvin Ayre published a list of his own predictions for online gaming industry in 2012. One of them was about Bitcoin. It said: “Someone is going to figure out how to make this work and when they do, all the anti-gambling, over-regulating authoritarian governments will be exposed as emperors without clothes.”....