BitWin – Online gambling solution

Online gambling is in the upward process in last decade and it is following the growth of the internet, as one of primary services that is available online. Online gambling provides a lot of opportunities for additional growth, even for existing casinos on the market. While casino can offer services to locally present people, even if they come to Gambling cities, such as Las Vegas or Macao, online casino can offer services worldwide, from a single server, or few server points in the world. Of course, types of customers are usually different, and high rollers are heading to the casinos, because the total feeling is completed with a lot of free services from casino. For low rollers the feeling is pretty much the same in casino and online, so they are the target for online gambling, with additional free rolls and bonuses for registration, low rollers will head to online gambling, instead of real world casino.

Next step in online gambling industry is to ensure better transparency and be trusted by users, and blockchain is technology that enable those functionalities, since all winners are transparent on the blockchain and immutable.

BitWin proposes solution that is based on Ethereum network and unbiased smart contracts that will be deployed on the network. Users will be able to verify each and every line of code regarding rules, that are set for gambling, and that will influence increased trust, and will decrease or made impossible casino malpractice regarding changing of rules in the game. BitWin network will enable near instant transactions with negligible transactions costs, even for low rollers in the game.

Fair game is assured through auditable smart contracts, as described, and that is the way to run a provably fair casino, that ensures profit for casino, but also entertainment with a chance to win for users.

Project website: https://token.bitwin.com/
Whitepaper: https://token.bitwin.com/files/Bitwin-Whitepaper.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=1573369