It records transactions in a secure, transparent, and tamper-proof manner by storing data in “blocks” that cannot be altered. For digital currencies, blockchain technology serves as a distributed ledger.

How blockchain technology is changing the gameīlockchain technology is best known for supporting cryptocurrencies, most notably Bitcoin. Understanding and integrating these technologies can transform the industry - enhancing risk management, increasing transparency, and improving security, delivering a better gaming experience for both players and operators. With crypto users now betting an average of $3 million daily, it is vital for gaming and casino operators to stay updated on blockchain technology and digital finance.

Over the past decade, the use of digital currencies in gaming has steadily increased since their initial adoption. Many of the sessions at the recent Global Gaming Expo (G2E) in Las Vegas emphasized the growing industry importance of digital currencies and blockchain technology.