Hashing It Out Ep 8: How the BSV Blockchain Can Help Compliance and Responsible Gambling
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Hashing It Out's latest episode came out on Monday this week. It's a special edition filmed during CoinGeek’s Zurich conference. Three industry experts reveal how beneficial the BSV blockchain can be for gambling operators in terms of compliance and responsible gambling.
The latest episode of Calvin Ayre’s Hashing it out with host Becky Liggero Fontana is now out. The eighth episode is a special edition filmed during CoinGeek”s Zurich conference in June. It features three guests from the iGaming landscape: a supplier, an operator and a consultant. They discuss how the industry can benefit from using blockchain technology.
Naik is the director of business services at nChain. He believes that using data to address challenges within the industry is valuable. Last week, nchain launched the initial phase of its enterprise platform dubbed “Kensei” which features tamper-proof documents and auditable logs.
BSV is using the blockchain to track data in order to prevent problem gaming.
EEG's CTO explains how the use of the blockchain technology can help gambling operators stay compliant with regulations. EEG has been looking at the benefits of using the technology for several months. The gambling industry is heavily regulated. Using the immutable ledger, operators can store gameplay data and player communications.
BSV is using a blockchain to manage its gambling transactions. It reduces costs and operational overhead.
Hill is promoting the use of the BSV blockchain for responsible gambling. He believes it can be used to store data in a chronological, accessible way and to prevent problems with problem gambling behavior. He also believes that it boosts KYC and AML. It also allows operators to easily access data.
BSV's blockchain technology is useful for the regulator's point of view.
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