BETGIL -The Online Gaming Industry Revolution

INTRODUCTION

The continuous demand about cryptocurrency is increasing, people have heard about it, and yet people want to find more about it, and find a way to be a part of it. The blockchain technology basically may be used for any types of transaction involving value (money, goods, real estates, etc.). Blockchain technology is a more efficient, decentralized and consensus-driven public repository, which can have a number of applicants in order to make citizens less dependent on governments.

Blockchain technology is the most popular and wildly used cryptocurrency exchanges which have gathered a significant amount of influence over the years. Application of blockchain are still in a defining stage and they represent an extremely fast moving field, with little established theory. It potentially allows individuals and communities to redesign their intentions in politics, business and society at large, with an unknown process if disintermediation on large scale, based on automated and trustless transactions. This process might rapidly change even the principle that supports existing political systems and governance models, calling into question the traditional role of state and centralized institution. Sadly the concept of decentralization which exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges.

Cryptocurrencies offer a wide range of benefits for users around the world. However, high volatility in their prices prevents mass adoption. The gaming industry is one of the biggest and most efficient platform worldwide. It is a very wide platform where billions of gamers and millions of developers interact.

Why Betgil?

Betgil is a currency unit used on every use of the involvement on every conduct platform, so that it can be used on the betgil platform as a storage value, a series of account and the only means of exchange which must be maintained.

The goal is to create a platform that creates innate trust in the existing system, allows winning (in the players' view), receiving remuneration (in the opinion of the developers), and fair play (in the opinion of service providers) using a decentralized system. The system is being replaced by smart contracts for semantics, which benefits everyone.

Betgil is comprised of a two-part business and revenue model. BetGil will combine a revenue stream from RedSoft Online Gaming and Entertainment sites as well as GilPay a money transfer and payment gateway.

GILPAY PAYMENT PROVIDER

GilPay abides banking regulations of all countries and other regulations such as local and international laws. Moreover, it never discloses a customer’s personal information or financial data to third parties. GilPay ensures a high level of safety and security while transferring money either from debit or credit card to enjoy online gaming of RedSoft. It is a secure, peer to peer (P2P) foreign currency exchange platform which is powered by Ethereum Blockchain technology for easy international money transfer. It cuts down middlemen, banks and other third-party agencies thus allowing participants to have direct contact while exchanging money. The utmost feature and key purpose of GilPay are to empower RedSoft customers to do the transaction with BetGil Token through GilPay Platform and also allow customers to do everyday transactions such as payment of bills, transferring money to friends and families and many.

Gilpay plans to be accepted in hundreds of online stores and operate a secure payment platform. Everything you need in your smartphone: payments, transfers, currency exchange, instant loans. The goal - replace your bank

No limits on transaction volume

ApplePay, SamsungPay, AndroidPay, QR code

Contactless payments options

Integration with third-party payment wallets or services

Instant payments in fiat money

GilPay also has GilPay eWallet which plays a crucial role for BetGil Coins Platform allowing its participants to purchase, sell, receive and exchange the BetGil coins in a secure way with real-time transaction lists and exchange history. GilPay also has a plan to introduce Gilpay card to integrate with BetGil coin and existing financial system for confidential secure transaction all over the world and earning cash directly into GilPay eWallet. BetGil coin along with GilPay eWallet and GilPay card with set a revolution in the cryptocurrency market by allowing instant access across the globe.

About The BetGil Business Model

The main objective behind BetGil Platform is to offer players/gamblers/user a new platform to experience an unbiased environment, 100% free transaction, securing the details of the participants through cutting edge technology called Blockchain which allows users to play anonymously and ensures safety. The business model is of 5 sections which are as follows;