How blockchain technology powers crypto gambling platforms — Retail Technology Innovation Hub
What Is Crypto Gambling?
Crypto gambling uses digital currencies like Bitcoin, Ethereum, or Litecoin to place bets and receive payouts. Transactions are processed through blockchain technology instead of banks or card networks.
This setup often allows faster deposits and withdrawals with lower fees. In markets such as crypto gambling UK, this method is becoming a more common choice. Players use a crypto wallet to send and receive funds directly, without middlemen.
Why Blockchain Is the Core of Crypto Gambling
Blockchain is a decentralised ledger that records every transaction in a secure and permanent way. No single party controls the system, so fraud is harder to commit. Each block in the chain contains transaction details verified by…
