The Blockchain revolution is upon us, and the emerging technology is gradually encroaching on every aspect of daily life. The gaming industry is one of the several major sectors, that is being significantly disrupted by Blockchain.
As previously reported by Cointelegraph, Blockchain technology has introduced a paradigm shift in the gaming industry. One of the biggest changes that Blockchain allows is the integration of digital currencies into game economies. Use of Blockchain technology could allow gamers to exchange in-game items for cryptocurrency in a trustless fashion outside the game.
The CEO of Borderless Corporation, Christopher Franko, notes some benefits of Blockchain being used for gaming. In his opinion, one of the clearest use cases is the replacement of in-game currencies with digital currencies such as Bitcoin.
Franko explains that most games have their own version of in-game tokens, such as World of Warcraft’s gold. He explains that game assets no longer have to be bound to one single game and can be transferred around, creating cross-game functionality.
Full story at http://bit.ly/2wYdQZA
Source: CoinTelegraph
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