Greetings friends, I would like to talk to you about the Faireum project, which uses the blockchain technology for fair gambling. Have a good read.
What is the Faireum Project?
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.
The Purpose of Faireum
Faireum's goal is to enable all people to have fair access to gambling and betting practices. Faireum aims to create a completely fair and transparent gaming environment using the best blockchain solutions. However, Faireum team is working as an ecosystem to improve day by day and to provide users with an extraordinary gaming experience. For these purposes, the team aims to be an open ecosystem in which users can play their games with the high-security protocol.
Solutions 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.
Main Elements of Faireum Ecosystem
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.
Roadmap of the Faireum
When i look at the Faireum road map in the first quarter of 2019, there are stages of ICO preparation and establishment of the platform. The purpose of listing in the second quarter of stock exchanges is the development of the test network which will accelerate the project. Faireum wallet development and publishing of games from the third quarter development, which is the continuation of the short-term plans, will be an important part of the ecosystem. The roadmap looks consistent in every aspect.
General Evaluation About Faireum
The Faireum project, which is a solution-oriented approach to the problems in the gambling industry, seems to be a very promising project for the future. In addition, all these solutions will be provided through blockchain technology and smart contracts, which is an unprecedented innovation in terms of transparency and security.
I think Faireum will an ecosystem that will provide lasting solutions to the problems of the gambling industry.
Thanks for reading.