Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Blockchain

Exploring the Future of Gambling: GamingTech CEE Panel Unveils the Power of Web3, Blockchain, XR, VR, and AR

Published

on

 

GamingTech CEE is around the corner, taking place on September 26-27, 2023, at the prestigious Ritz Carlton Budapest. The leading event for exploring the latest tech innovations in the gaming industry within the Central and Eastern European (CEE) region promises to be a game-changer, featuring panel discussions on a wide range of topics.

The ultimate destination for industry professionals, innovators and enthusiasts, GamingTech CEE – brought to you by the #hipthers – offers a unique opportunity to gain a deeper insight into how the gaming industry is evolving within the region. With a focus on compliance, innovation, and networking, this event offers a platform for industry professionals and enthusiasts to stay ahead in the dynamic world of gaming technology.

“The Intersection of Gambling Industry with Web3/Blockchain/XR/VR/AR” panel discussion will take a closer look at the integration of innovative Web3 technologies into iGaming. Dean Rakic, Chief Scientist at Blockcontrol, will serve as the moderator, bringing together experts and innovators from the gambling industry and technology sectors. The panel aims to explore the transformative potential of Web3, blockchain, XR (Extended Reality), VR (Virtual Reality), and AR (Augmented Reality) in reshaping the future of gambling.

As technology continues to revolutionize the gambling landscape, understanding the synergies between the gambling industry and these cutting-edge technologies has become imperative. The panel will delve into key topics, including:

  1. Web3 and decentralized gambling platforms: Exploring how Web3 and decentralized technologies can disrupt traditional gambling models, increase transparency, and enhance player trust through decentralized platforms and smart contracts.
  2. Blockchain in gambling: Discussing the applications of blockchain technology in the gambling industry, including secure transactions, provably fair gaming, identity verification, and transparent record-keeping. Exploring the potential benefits and challenges of blockchain adoption.
  3. XR, VR, and AR in immersive gambling experiences: Examining how Extended Reality (XR), Virtual Reality (VR), and Augmented Reality (AR) can create immersive gambling experiences, enhance user engagement, and blur the boundaries between physical and virtual gambling environments.
  4. Tokenization and digital assets: Exploring the integration of digital assets and cryptocurrencies in the gambling industry. Discussing the potential of tokenization for in-game assets, digital collectibles, and innovative reward systems.
  5. Responsible gambling and user experience: Addressing the ethical considerations and responsible gambling practices in the context of emerging technologies. Discussing how XR, VR, and AR can be leveraged to promote responsible gambling behavior and create engaging, safe, and immersive user experiences.
  6. Regulatory challenges and opportunities: Analyzing the regulatory landscape and potential challenges associated with the adoption of emerging technologies in the gambling industry. Exploring the opportunities for collaboration between regulators, technology providers, and gambling operators to foster responsible innovation.
  7. Future trends and opportunities: Gaining insights into the future trends and opportunities at the intersection of Web3, blockchain, XR, VR, and AR in the gambling industry. Discussing the potential impact of these technologies on user acquisition, player engagement, and market expansion.

Panelists

  • Arthur Stadler – Attorney and Founding partner at STADLER VÖLKEL Attorneys at Law
  • Daniel Gunba – Founder / CEO of TRIIONFT
  • Sönke Kirchhof – CEO at INVR.SPACE
  • Manuel Messner – CEO at Mazing GmbH

Register to the event

GamingTech CEE is more than just a conference; it’s a platform for networking, knowledge sharing, and fostering collaborations in the gaming technology sector. Attendees will have the chance to connect with industry leaders, explore cutting-edge innovations, and gain a competitive edge in this rapidly evolving industry.

Registration is still open for those interested in joining this and other enlightening discussions and being part of the GamingTech CEE experience. Register for the conference now or find out more about GamingTech CEE on the official website.

Blockchain

THXLAB and IZUTSUYA Announce Strategic Partnership

Published

on

Continue Reading

Blockchain

OZANK Joins Forces with RevoluGROUP to Enhance Global Payment Infrastructure

Published

on

ozank-joins-forces-with-revolugroup-to-enhance-global-payment-infrastructure
Continue Reading

Blockchain

Financial industry bodies defend permissionless blockchains against Basel Committee’s classification

Published

on

financial-industry-bodies-defend-permissionless-blockchains-against-basel-committee’s-classification

Five financial industry bodies have pushed back against the treatment of permissionless blockchains by a global banking supervision authority.

In December, the Basel Committee on Banking Supervision (BCBS) published a report on proposed amendments to bank capital requirements for digital assets, stablecoins, and tokenized assets.

The report classified all permissionless blockchains as high-risk, claiming that some risks could not be mitigated through existing solutions. BCBS was particularly concerned about banks’ lack of control over third parties who conduct most operations on these blockchains. It also warned about their privacy, finality, liquidity, and political, legal, and policy risks.

In response, five global financial industry regulators have defended permissionless blockchains. In a joint response, they stated that the industry “has all necessary expertise and robust compliance frameworks to fully identify, manage and mitigate these risks.”

The five are the International Swaps and Derivatives Association, the Global Financial Markets Association, the Institute of International Finance, the Futures Industry Association, and the Financial Services Forum.

Blockchain’s application in the financial industry is evolving, and regulators must not disincentivize banks from exploring the technology, the regulators stated. By putting up unnecessary hurdles, the BCBS would only push these institutions to the non-regulated shadow banking space, which would be riskier for them.

The regulators further noted that dozens of global banks have conducted successful pilots using permissionless blockchains. These pilots have shed more light on the technology’s application and allowed them to understand and control emergent risks.

The BCBS approach is unfair to blockchain and veers away from the regulator’s long-held “same asset, same risk” approach, they added.

“While we acknowledge that risk mitigation techniques are evolving for permissionless crypto assets…we are confident that solutions already exist in respect of specific use cases,” the five stated.

They believe deciding whether to build on permissionless blockchains should be left to the banks.

The financial sector has been a leader in blockchain adoption, with some, like JPMorgan (NASDAQ: JPM), developing their own permissioned networks, albeit unsuccessfully. However, most have relied on existing solutions to build applications spanning settlement, bond issuance, tokenization, etc.

Source: coingeek.com

The post Financial industry bodies defend permissionless blockchains against Basel Committee’s classification appeared first on HIPTHER Alerts.

Continue Reading
Advertisement
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE