Cryptocurrency Assets at Game Bottom Thanks to New App Bitline

Something new is being cooked in the world of cryptocurrency! New blockchain technology is expected to allow casino customers to get casino chips that can directly access game venues through cryptocurrencies or digital platforms.

This technology is available all over the world.

Changing Technologies:

The mobile app Bitline recently signed a contract with Everi Holdings, one of the leading companies in the gaming industry. The CEO of Bitline, Richard Jones, highlighted the fact that until now there was no way to connect real-world digital assets to the casino floor. However, it will provide players with the liquidity of their digital access in minutes.

Players can get up to $10 million worth of casino chips at any time they want. Bitline is responsible for compliance, transaction monitoring, banking, and other regulatory requirements. It also has a huge advantage for casinos, as all transactions are safe.

Work on new technologies will last for about a year and a half, and ideas will shine through, especially in terms of security and compliance.

Bitline worked with industry leaders like Everly, Fireblocks and Cypertrace to enable transaction monitoring and validation.

According to Jones, the application will be bulletproof once the entire project is completed.

Partnership is key:

Victor Newsom, senior vice president of product management and payment solutions at Everi, said, "We value compliance very much. So we had to make sure they had the right compliance partners, the right financial partners, regulatory licenses, and more."

He added that the app will be good for the industry, but it gives us time to adapt to change, doesn't change the regulated gaming space, and makes us realize that it's just a matter of trading.

However, according to Newsom, the project would not exist without partnerships. The highly regulated gaming industry needs it, but it also helps expand the company's technological capabilities.

Newsom said, "Partnerships are everything that needs to be done. And if you don't have a partner willing to do everything that's growing, you don't think you're going to be successful. In particular, it's possible to introduce something that could potentially change the game with a product like this."

Jones says the app is one of the most demonstrated products, referring to a presentation on Bitline at the Global Gaming Expo in October.

According to a report by Vegas Inc., Jones expects the bitline to be live probably at the end of the year or in the first quarter of 2024. It is expected to expand to new markets and casinos after the official launch.

Jones said, "We don't have this kind of product on the market right now." 바카라사이트 순위