4.3 PROBLEM ONE

Traditional online casinos have high information asymmetries between operators and users. The latter have no insight into previous transactions or the random number generator algorithm they use. Lack of transparency leads to skepticism and fear of fraud on the side of users.

SOLUTION

You can take a look into BITBET's transaction stream, as it is an online casino and sportsbook fully based on Blockchain technology. This way, every transaction is transparent to everyone and the informational asymmetries between players and casino operators are eliminated. Users can retrace all prior transactions and thereby trust the integrity of the platform.

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