By Simon Wright Mar 27, 2023
Symplify and nChain are thrilled to announce a strategic partnership aimed at revolutionising the world of responsible gaming using blockchain technology. The two companies will collaborate to develop cutting-edge solutions that will bring an enhanced layer of efficiency, security, and transparency to the industry.
Symplify is a market leader within the iGaming industry and a provider of customer experience, CRM engagement and onsite personalisation solutions. nChain will reinforce Symplify’s product offering as a leading innovator in Web3 and enterprise blockchain technology. Together, they will combine their unique strengths and capabilities to deliver innovative products that will transform the way businesses will operate in the iGaming space.
Both companies are committed to driving social impact through responsible gaming practices, and they are leveraging the power of blockchain technology to create a safer and more secure environment for online gaming.
Rob Kimber the Chief Executive Officer of Symplify said: “This partnership represents a significant milestone for Symplify and nChain.”
“We believe that the collaboration between our two organisations will accelerate the development of groundbreaking responsible gaming solutions that will drive the adoption of this technology across diverse industries, and markets.”
“By combining our expertise in responsible gaming solutions with nChain’s cutting-edge blockchain technology, we can ensure that players can enjoy online gaming with confidence, and peace of mind.”
Adding to the comments made by Kimber the nChain Group CEO, Christen Ager-Hansen, echoed those sentiments, stating: “We are thrilled to partner with Symplify, as their experience and success in the gaming industry will complement our blockchain expertise, and together, we can create a new standard for online gaming.”
“Our partnership in responsible gaming is only the beginning of our collaboration. We are already looking into other possibilities that will unlock new opportunities for businesses to realise the full potential of blockchain technology.”
Symplify, powered by nChain, is providing a security layer that is only possible with immutable data and transparency of all transactions. The partnership will focus on developing solutions that solve some of the biggest challenges facing online gaming while accelerating blockchain adoption.
These solutions will include improved data privacy, secure digital identity, smart contracts, and traceability, which will help prevent fraud and money laundering.
Additionally, smart contracts can be used to enforce responsible gaming practices, such as self-exclusion and time limits. This will empower players to stay in control of their gaming activity and mitigate the risk of developing problem gaming.
The alliance between Symplify and nChain is a major milestone for the gaming industry, and it will benefit both players and operators alike. As blockchain technology continues to evolve, we can expect to see even more groundbreaking solutions emerge to enhance the safety and security of online gaming.
Simon Wright has been both a player and an observer of the online casino industry for over 15 years. His knowledge of the online casino industry – to include sports is massive. Not many folks have the experience or his knowledge about online gambling. His adoration of football is also noted. He has painted his house blue (Chelsea) and annoys his neighbors with local football songs on game days.
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- Source: https://www.casinomeister.com/gambling-news/symplify-and-nchain-announce-groundbreaking-partnership/
