Crypto gambling with gaming bet tech | Ticker News
As Sony Interactive Entertainment looks to add some crypto betting tech to their home consoles we hone in on what this could mean for the future of gaming.
Popularity for crypto is set to grow well into the future as more and more people, companies and sectors are looking to incorporate it into their day to day and business ventures.
And whilst it could be said that companies are looking to the lay foundations for crypto engagement in the future… what are the dangers of adding quick crypto trading within a network like Esports and gaming?
Naturally it’s no surprise that Bitcoin and the gaming industry have a symbiotic relationship given their digital output. It is also more common these days for gaming publishers to add bitcoin into their corporate treasuries.
As gaming is actually one of the most popular applications for Bitcoin’s Lightning Network layer, a system which bypasses the traditional blockchain technologies resulting in faster and less costly transitions (perfect for digital live betting)
However this recent patent represents a shift beyond Sony’s videogame platforms. Suggesting that we will be able to gamble across many other platforms (like a smart TV) a sobering thought for parents who lost money to in game microtransactions…
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