INTRODUCTION
The Gamification Industry has gained tremendous attention since it's innovation decades ago via providing various use case in our daily lives. Different institutions have consistently use the concept of game in training and tutoring individuals in Various fields, such as The US Army Academy, Education Sector as well fun sections for kids to keep them busy while they think through the problems associated with the games in order to provide better alternative in providing solutions.
The advance of blockchain couple of years ago brought marvelous innovation to the Gamification industry in an attempt to make the system much more decentrealized than centralized as it were as well as creating a better ecosystem for users to actually have good usecase for the points earned while catching fun.
The developments of games are being supported tremendously by the online betting industry.As the industry has grown astronomically in the last decades and has been projecting a steady growth in the industry, one may assume the industry is without flaws. However, the emergence of the FAIREUM industry brings a lot in solution to the gaming ecosystem. Below are obvious flaws in the industry and how FAIREUM intend to solve them.
WHAT IS FAIREUM
Faireum is an open blockchain protocol that is based on a decentralized structure. Faireum focuses on the gambling industry through this decentralized structure and offering low cost for gambling transactions, a transparent design for providers and safe gaming experience for users. The Faireum blockchain is designed to provide these features in a competitive structure.
Also, the Faireum blockchain uses the best features of Bitcoin, Ethereum and Hyperledger. The combination of all these best components, Faireum has been designed to cover the gaps in the gambling industry in an innovative, safe and technological way.
SOLUTIONS OFFERED BY FAIREUM ABOUT THE GAMBLING INDUSTRY
Faireum is managed by a team that can analyze the problems of the current gambling industry and develop solutions to these problems. In this context, they offers many solutions to the problems of the gambling industry.
👉Minimization of fraud risk.
👉Enabling game developers to make money with their works easily.
👉Creating an ecosystem for the gambling industry in a fair and reliable way.
👉Providing a reliable and transparent service within the framework of Faireum protocols.
👉Creating an official platform on the Faireum network for the completely transparent gaming experience.
THE CORE OF FAIREUM
Transparency:
The Faireum ecosystem is completely transparent. All the records from the user's deposits, money withdrawals and the results of the game are stored in a database that everyone can easily access. With the principle of transparency, players can play their games with no question mark in their minds.Reliability:
Faireum's main goal is to create a safe gaming environment. The features required for a safe gaming environment are made possible through smart contracts. A user in the Faireum system is completely confident that the rules specified will not change later.Security:
One of the biggest problems of the betting and gambling industry is security vulnerabilities. Faireum have a decentralized structure. Therefore, users are responsible for their own security. Because of this decentralized structure, the probability of any hacking or fraud is greatly reduced. Faireum offers its users completely safe gaming experience.
Kindly visit any of the following Links to get more info about the project.
WEBSITE : https://faireum.io/
TWITTER : https://twitter.com/faireumofficial
FACEBOOK : https://www.facebook.com/faireumofficialpage
WHITEPAPER : https://faireum.io/assets/files/Faireum_whitepaper2.0_En.pdf
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