Blockchain Revolutionizes iGaming with Transparency, Speed, and Crypto-Powered Gameplay

18.02.2025 11 times read 0 Comments Read out

How Blockchain is Shaping the iGaming Industry

According to FinSMEs, blockchain technology is revolutionizing the iGaming industry by offering independence, autonomy, and transparency. Unlike centralized banking systems, blockchain allows users to manage their transactions directly, eliminating intermediaries and associated issues like fees, delays, and fraud. This decentralized ledger system is particularly beneficial for crypto gambling, enabling players to use Bitcoin for games like blackjack while ensuring fair transaction management.

The article explains that blockchain is essential for cryptocurrency operations, as it serves as the foundational ledger for transactions. While using Bitcoin for online gambling, users are advised to familiarize themselves with the terms of service of crypto casinos, including potential grace periods and minimum bet requirements. Additionally, the piece highlights the growing popularity of Bitcoin in online gaming, though it remains a specialized payment method. Blockchain-backed crypto gambling not only reduces fees and delays but also offers a more personalized and secure gaming experience. For more details, visit the original article on FinSMEs at https://www.finsmes.com/2025/02/how-blockchain-is-shaping-the-igaming-industry.html.

Blockchain and Token-Based Incentivisation for AI Training

Research Matters reports on groundbreaking research from the Indian Institute of Technology (IIT) Kharagpur, which combines blockchain technology with Federated Learning (FL) to enhance the security and fairness of AI training data. FL allows AI models to be trained across multiple devices without transferring raw data, ensuring privacy. The researchers introduced a new approach called Secure Blockchain-Based Tokenized LDP Federated Learning (SBTLF), which integrates blockchain, Local Differential Privacy (LDP), and a token-based incentivisation system.

The SBTLF model uses blockchain to securely manage data and transactions through a framework called HyperLedger Fabric. This decentralized ledger ensures transparency and prevents single points of failure. The token-based system incentivizes participants to share less obscured data, rewarding them with tokens that can be used to access global model updates. While the implementation of such a system is technically complex, the research offers a promising path toward secure and collaborative AI training. For further insights, refer to the original article on Research Matters at https://researchmatters.in/news/blockchain-and-token-based-incentivisation-make-ai-training-data-fairer-and-more-secure.

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