How Blockchain Is Powering the Next Wave of Browser-Based Games

The release of Bitcoin was the first domino in a chain reaction that completely revolutionized the financial world. We can’t know if the mysterious creator of the first cryptocurrency ever planner or even believed that his creation would achieve the heights that it has. What we can say is that Bitcoin has had a profound effect on global culture. Most associate the rise of Bitcoin with finance and economics. Crypto has affected various other industries. Online gaming and e-shopping are just two examples of many. However, the technology behind Bitcoin may just be changing the way we use the internet as we know it.

Many understand the concept of a blockchain by now. The digital ledger is capable of recording transactions across a number of computers. What truly sets it apart from other such tech is its decentralized and immutable nature. The aptly named ledger style is comprised of a chain of blocks, each of which is capable of storing data. The next block in the chain holds a cryptographic link to the one that came before, which creates a safe and impossible to alter way to store data online. The question that arises now is how blockchain technology is helping to change browser-based games? More importantly, how will it alter the future of the world wide web?

Blockchain Integration Can Help with Security

The integration of blockchain technology in browser-based games could have a profoundly positive effect on customer security. It is often said that we live in an era of no privacy. It is true that many of us are very comfortable posting personal details on public platforms. However, there are those who are extremely protective of their private information even in this hyper-digital era. Yet cybercrime is on the rise. The growing access to Artificial Intelligence has particularly helped cybercriminals pull off some incredible feats. Can blockchains help reduce cybercrime?

A lot of the problems that stem from growing levels of cybercrime could be addressed with blockchain according to some leading experts in the field. Private data leaks would be all but eliminated. The cryptographic protection of data would mean that browser-game players are free to operate without any fear of their personal information leaking to bad actors. Fraudulent transactions would also be greatly reduced. The peer-to-peer nature of blockchain technology ensures that both parties would be assured of their ownership of the transmitted assets.

Rise in Crypto Gambling

The days when blockchain was a synonym for cryptocurrency are long gone. However, it would be wrong to say that blockchain and crypto are entirely separated. That is why we have to bring light to the fact that crypto poker would thrive in a future where blockchain-based casinos reign supreme. Betting with Bitcoin is already an incredibly popular trend in the iGaming market. Many casinos have integrated crypto to a point where they could be called crypto-casinos. The amount of people gambling with Bitcoin or Ethereum would skyrocket in a future where blockchains have become people’s go to ledgers.

Some may be curious about the perks and downsides of crypto gambling. The most desired advantage is transaction speed aside from all of the security benefits of blockchains. Crypto transactions operate on a peer-to-peer system. Because they are decentralized, no middleman has to examine every bet. That means a Bitcoin wager only takes a few hours to go through. Some gamblers may have the patience to wait a day or so for their withdrawal. But, some certainly want the money in their pocket as soon as they’ve won the match. Crypto gives the latter camp an excellent option. They only need to be willing to deal with the market’s notorious volatility.

Simplified Purchases

Players have long bemoaned the digital gaming practices that have plagued the industry for decades. The problem stems from game companies’ insistence that gamers don’t own their purchased game. The customers have criticized the policies that make these kinds of practices possible. However, they don’t have much choice but an alternative. Blockchains might be able to provide an alternative for purchasing games and playing them directly on your browser. Indie developers create intriguing retro-style games that serve as call-backs to Castlevania and other classic titles. By integrating blockchains, they may elevate these titles to a whole new level.

The best thing about blockchains is that they can assure player ownership. Any crypto trader has heard the phrase “proof of stake.” PoS mechanisms are integral to cryptocurrency. However, the principles can also be applied to any product that operates on a blockchain. A player who purchases a browser game that incorporates blockchain technology could easily prove their ownership.

It doesn’t end there. Blockchains would not only make game purchases easier, but they would also make it easier to buy assets in the game itself. Gamers are quite fond of extra loot or unique skins. However, in-game purchases as they exist require an intermediary to validate the transaction. The need for such a middleman would be unnecessary with blockchains, making in-game payments much faster and simpler.

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