Monday, May 27, 2024

    BLOCKDRAW leverages blockchain benefits to make online gambling safe as in Las Vegas  

    BLOCKDRAW, is the world’s most advanced distributed blockchain gambling platform created by industry regulators and insiders, announced the preparation stage and early private sale before the ICO.

    Globally the estimated value of the mobile online gaming industry is almost $100Bln for 2018. Online casinos have grown exponentially over the past years and they continue to grow year on year.

    However, most online casinos don’t provide players with safety, security and provability they deserve.


    To name a few problems and threats, which players can meet with, it will be fake branded games, GNR manipulations, etc., as far as operators do just initial testing of the game that can be “adjusted” later, and players definitely can’t control any of casino actions, lost funds, win bests manipulations.

    When you play in Las Vegas, you are sure that casino is fair and secure with its certified machines, transparent payments, advanced security and you deserve to have the same while you play online and that is a mission of BLOCKDRAW.

    BLOCKDRAW is the game changer that may remove the shady operators out of existence in the online gambling world, it will quickly become more apparent that gamblers are more likely to be drawn to honest and fairer operators within the industry.

    The project is built by former regulators, technical experts and industry insiders for players, developers and government bodies.

    “I started BLOCKDRAW because I wanted to use the blockchain to solve all the issues the regulators, players and the businesses had and to take the full advantage with blockchain.

    I wanted to use the blockchain to solve many other problems we saw as regulators in online gambling,” says Darin Oliver, Founder and President of BLOCKDRAW. “Because I realized that the blockchain offered the potential to actually solve this problems and  that the current solutions introduced to the market didn’t understand the regulatory aspects they needed to dressing, and that was important to keep the player experience the same as the current player experience, so basically, I understood that you needed to have the same player experience in blockchain, as you had in tradition server based but you needed to use blockchain to solve all the existing problems. Our only solution allows you to have a scalable high-speed gambling platform that looks and feels just like our traditional online gambling platform but has all the advantages that the blockchain has.”

    The company’s  goal is for the Blockdraw Platform to become the Google Play of real-money games, where competitive gamers can put their money where their mouth is.  The technology is:

    • Compliant:  Designed by former gambling regulators, BLOCKDRAW meets the most stringent regulatory standards.
    • Safe:  Players manage their own accounts on the Ethereum blockchain.  Funds are only escrowed during play to ensure winnings are paid.
    • Decentralized:BLOCKDRAW uses the Golle Algorithm, a method for trustless peer-to-peer gaming.  Each player can individually guarantee and verify all outcomes are fair.
    • Secure:BLOCKDRAW is built upon the LEAP Protocol, a protected version of Ethereum created with privacy, confidentiality, and access control as basic features.
    • Performant:Modified Hyperledger components are orders of magnitude more efficient than existing blockchains, making real-time responsive gaming possible.
    • Extensible:Our SDKs and APIs make rapid development easy, allowing programmers to create or retrofit their games and apps using our technologies.

    Testing app will be launched soon.

    Call to partnership 

    BLOCKDRAW team is willing to co-operate with games developers to improve and adjust its environment for the better place for gaming and gambling experience and encourage all players and industry entities to join the discussion in our social media and privately.

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