Share on LinkedInShare on LinkedIn

ARTICLE · 13 JANUARY 2022

Market Intelligence Thought Leadership Award Winner

Gaming & Innovative Technology – MALTA At The Forefront

GTG Legal
GTG Legal
Contributor
GTG Legal

GTG Legal

Since its founding in 1997, GTG has been at the forefront of Malta’s legal profession, blending...

View firm profile
Explore more from GTG Legal

This novel user centric economy will also see smart contracts, being coded and deployed to infuse more transparency and trust with users.

MaltaMedia, Telecoms, IT, Entertainment

Decentralisation, digital ledger technology (DLT) , virtual assets and tokens introduce a number of foundational developments in the gaming industry paving the way for a more user centric gaming economy.

This novel user centric economy will also see smart contracts, being coded and deployed to infuse more transparency and trust with users. DLT can be used in combination with smart contracts to help with the exchange of value, money, shares, or possessions in a transparent, conflict-free way that avoids the services of a middleman. The gaming user here will have more transparency and certainty, for example on pay out ratios, enhanced security and encryption and security features. Through a DLT environment he can also avail himself of more transparent and ascertainable publicly available gaming historical data, which can also have flavors of immutability giving more credibility to all the gambling community.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from