" WHY DECENTRALIZED ONLINE CASINO MORE ACCESIBLE FOR PLAYERS? "
Updated: Sep 8, 2022
One of the biggest hurdles of playing online casino is the red-tape that players are used to - including the Know Your Customer (KYC) rule. The law demands that online based casino platforms identify every player . The most basic information users share with these platforms include a ID issued by the government and a physical proof is birthday and the address: some platforms demand for credit/debit card or bank information.
The thing is punters forced to share lot of their personal information, including sensitive documents, so they can able to play. All this red-tape, this is the reason why most of the casino players switching to cryptocurrency casinos. In these online casino, gamers only get to share their email address and no other documents. as much as revolutionary these new platforms are, crypto-centric casinos offering lower-house edge and instant withdrawals, are still controlled by a centralized platform. The gamers that choose to play in decentralized gaming platforms, don’t have to worry about the threats that come with centralized gambling.
Is Decentralized Gambling Any Good?
In as much as the online gambling sector is going through changes right now, we can see more people switching from playing on their desktop to using their smart devices to gamble. Besides, with the popularity of crypto-centric casinos, gamers are now in control and setting their odds.
But, it’s good to remember that the online gaming industry still has a long way to go before they figure out a more level playing field. Fortunately, from what we see so far, decentralized gambling can solve a lot of issues we come across in the online space.
There is still a long way to go before decentralized gambling becomes mainstream. As more mobile gambling apps become available and the technology progresses, we should see a switch due to the advantages on offer to punters.
The fact that gamblers can trust the betting results due to decentralization is a major move forward in the industry, and this is just the start of the blockchain revolution.
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