Symplify Partners nChain to Develop Gaming Focused Blockchain Solutions March 27, 2023 March 27, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsMarch 27, 2023 by Kelly Cromley

Symplify Partners nChain to Develop Gaming Focused Blockchain Solutions

Symplify and nChain have entered into a strategic partnership that will use blockchain technology to revolutionize the domain of responsibly playing games. Both firms will work together to build innovative solutions that will improve the sector’s efficiency, safety, and openness. Symplify is a market-leading vendor of customer experience solutions, CRM participation, and on-site customization tools in the iGaming sector. nChain will strengthen Symplify’s position as an industry leader in Web3 technology and commercial blockchain. Collectively, they will pair their distinct resources and abilities to create novel goods that will revolutionize how businesses function in the iGaming industry.

Both organizations are dedicated to generating social impact via ethical gaming practices and are capitalizing on the capacity of blockchain technology to make playing games online less risky and more reliable. The collaboration marks a major landmark for both Symplify and nChain. Robert Kimber, CEO of Symplify, believes that the cooperation between the two companies will expedite the creation of novel approaches for ethical gaming, thereby driving the widespread use of this technology throughout industries and markets.

“By combining our knowledge and experience in safe gaming technologies with nChain’s state of the art blockchain technology, we can guarantee that players are able to relish online gaming with trust and tranquility.” nChain Group CEO Christen Ager-Hansen further stated, “We are delighted to collaborate with Symplify because their knowledge and accomplishments in the gaming sector will match our blockchain competence, and in tandem, we can establish an entirely novel standard for gaming. Our ethical gambling collaboration is only the start of our partnership. At this point, we are investigating more possibilities that will allow businesses to realize the greatest opportunity of blockchain technology.”

The collaboration will concentrate on devising solutions to some of the most major obstacles confronting online gaming, thus speeding up the implementation of blockchain technology. These approaches will include improved confidentiality of data, digital identity security, smart contracts, and tracking, which will aid in the prevention of money laundering and fraudulent activities. Smart contracts may additionally be employed to uphold responsible gaming behaviors, including self-exclusion and time restrictions. This will enable players to maintain control over their gaming pursuits while lowering the likelihood of creating a wagering addiction.

The partnership between Symplify and nChain represents a significant step forward for the gaming sector and will benefit both users and operators. As blockchain technology keeps on improving, we can anticipate the development of even more creative methods for enhancing the safety of online games.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.