Singapore, June 22, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire) When cryptocurrencies proved to be a viable cost possibility, everybody was thrilled due to this blockchain expertise. Discuss in regards to the velocity of transactions, privateness, world attain, and the promise of hack-proof cost options.
Nonetheless, as most of us have come to understand, it has been a bumpy journey for cryptocurrency cost suppliers with a number of reviews of hacks, fluctuating costs, and regulatory restrictions. What might settle our fears and restore the boldness we as soon as had in cryptocurrency funds? On-line gaming platforms comparable to casinos are looking out for an answer that ensures gamers gaming satisfaction for a safe and quicker expertise whereas additionally optimizing the on line casino’s operations.
Samecoin, a brand new entrant into the cryptocurrency area, appears to have all of the options that on-line gaming platforms have been gunning for. The Samecoin ecosystem – which consists of a utility coin (Samecoin), stablecoins (SameUSD, SameEUR, and so forth) in addition to the SameID and SamePay – has been endorsed by iGamingGroup because it explores integrating Samecoin ecosystem and its SameUSD as a cryptocurrency cost service supplier of selection.
What’s iGaming Group, and what does their endorsement say about Samecoin?
iGamingGroup Endorses Samecoin
Touted as the final word iGaming expertise stack supplier, iGamingGroup is the one-stop-shop for all on-line gaming techniques. The group boasts of high-end shoppers comparable to Evolution Gaming, Netent, BetSoft, Rela Gaming, Play n Go, and ORYX Gaming.
So far, the iGaming large has helped develop 7000 video games by way of superior ready-to-deploy trade options whereas specializing in fashionable human-centered interfaces which can be innovated and scaled to shopper’s calls for.
iGG has been offering cryptocurrencies comparable to Bitcoin, Ripple, Dogecoin, Ethereum, and Litecoin as a part of its huge cost choices plans. The necessity to present a quicker and more cost effective transaction is what drove it in direction of Samecoin.
In line with the corporate’s web site, iGamingGroup is at all times seeking to make deposits and withdrawals safer, simpler and quicker to fulfill on line casino gamers and house owners. This makes good sense as to why the corporate would choose to endorse the Samecoin ecosystem.
The iGaming expertise supplier helps over 30 cost techniques accepted globally, representing greater than 150 cost choices. Samecoin guarantees to be a worthy addition to iGG’s objective and mission.
Cost Options Designed For On-line Playing
Samecoin’s cost resolution, SamePay, supplies cryptocurrency cost options with stablecoins and safe SameID logins. The simple-to-integrate modern cost resolution makes for a easy working expertise for each the proprietor and gamers.
The Samecoin system will combine nicely with iGaming’s SSL encryption used for on-line banking, thus offering on-line playing with the best safety. The ecosystem, which incorporates SameID and SamePay, suits nicely with iGG’s Know-Your-Buyer and Anti-Cash-Laundering procedures.
Samecoin’s stablecoins, the SameUSD and SameEuro, intention to get rid of cryptos’ fluctuating costs, which has discouraged many on-line on line casino gamers. These cash’ capacity to imitate fiat currencies’ stability and ease whereas retaining the benefits of cryptos makes them good for on-line casinos.
Options that Make Samecoin Good for On-line Casinos
In addition to the soundness and safety of worth offered by Samecoin’s household of stablecoins, the ecosystem additionally options the SameID and SamePay instruments which can be invaluable to on-line casinos.
SameID in On-line Casinos
SameID is an simply built-in person identification function that eliminates the necessity for on-line on line casino gamers to make use of their private data. Though customers of SameID need to endure the KYC process, the method is quicker than earlier than, thus saving time and prices spent on costlier KYC procedures.
Whereas utilizing the SameID, the customers’ verification course of might be achieved by way of:
· Facial recognition selfie identification.
· Passport or ID card.
· Utility invoice.
SamePay for On-line Casinos Cryptocurrency Funds
SamePay integration simplifies the way in which gamers obtain and ship cryptocurrencies in on-line casinos. Whether or not it’s SameUSD, Bitcoin, Litecoin, or Ethereum, SamePay will serve you nicely.
SamePay works with wallets for every crypto that on line casino gamers will probably be utilizing. Even higher, SameID additionally applies right here; this ensures one account offers a person full management of their cryptos whereas sealing any safety loopholes.
On line casino operators integrating SamePay may allow SameID logins to unravel any KYC issues that gamers would possibly encounter when onboarding. It should solely take 5 seconds for on line casino gamers utilizing the SamePay cost choice to get verified. What’s extra, SamePay secures the gamers’ information by solely sending the required information to casinos when SamePay customers register by way of SameID. No private information is ever given out.
Since SamePay customers may have complied with the KYC process when registering by way of SameID, operators will obtain verified gamers. This may save time and supply much-needed operational efficiencies – one thing iGamingGroup needs to take full benefit of.
The SamePay’s easy operational framework to each on line casino house owners and the adoption-friendly interface with low crypto transaction prices will assist develop a on line casino’s buyer base and enhance model development.
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