Blockchain is finding wide use in different platforms of the world; in addition to its wide importance in the financial systems, gambling is yet another industry that is gaining massive attention now.
The amazing thing about blockchain is that it finds every platform disruptive if and only if the developers are willing and experienced to carry out the necessary processes required. This is true because, while most developers in different blockchain platforms have succeeded in creating something worthwhile others couldn't thus going down the drain.
Also, blockchain has succeeded in growing these past years owing to its way of ensuring transparency, trust, reliability etc; thus banking on these, a team of professionals developed a blockchain known as TEMTUM, in a bid to improve the online gaming space.
One might ask, since there are already existing blockchain platforms in the online gaming (gambling) space, what new thing is Temtum bringing to the table?
INTRODUCING TEMTUM
Temtum is a blockchain network built with speed, security, scalability and low resources requirements in mind. Temtum offers a cryptocurrency known as TEM which will offer more benefits not only to the online gambling industry but also to industries or sectors like Financial systems, E-commerce etc; thus with TEM there will be fairness, speed etc as it is built to offer advantages more than the likes of BTC and ETH. Owing to its nature, it will be well recognised by both players and apps thus standing out from other blockchains and crypto-related platforms who are still falling short of solutions to offer the gaming industry. To prove this, Temtum's team built their blockchain network to easily allow online casino, poker room players, sports bettors or any other online gambling enthusiast to enjoy their favourite gaming niche which will be free of fees, payment delays as well as legal restrictions.
Furthermore, with Temtum in the gambling space, players will be exposed to "pay-as-you-play" model where they will not be obliged to deposit to an applications wallet or other issues associated with others. With this step, Temtum makes it possible for players to quickly transfer what they want to bet for a stake, prediction or the likes of it.
WHAT TEMTUM OFFERS THE ONLINE GAMING SPACE
Temtum Solutions To The Online Gaming Industry
For any platform to offer tangible benefits to the world, it needs to solve pressing issues first. Thus, in the case of Temtum, it will remove all crypto deposit delay thereby making it possible for users (players) to see their funds instantly while betting in the like manner.
In the same way, Temtum will offer instant buybacks to Poker games thus removing the need for lengthy deposit process while making users to continue their gambling without disruptions.
Since Temtum is a decentralized blockchain platform, that is to say, Temtum holds no users funds, as users are always in charge of their funds; with this in mind, Temtum Implements "Pay as you play" which will make it possible for users to be in charge of their deposit and winnings.
Another feat Temtum offers the gambling industry is instant withdrawal where winnings are immediately paid directly to users wallet in TEM, without any form of transaction delays.
Temtum's Unique Stand
There are different steps Temtum aims to take to ensure a viable and efficient online gambling industry;
- Temtum gaming app: This will be designed to be an online casino where users can play their favourite games using only TEM for each stake, with all processes being fair as it is based on the Temtum blockchain network.
- Temtum hybrid online app: This will be designed to work like other online casinos/game apps where users can deposit, play and withdraw using TEM via Temtum's payment plugin, or through an existing crypto payment system interface which is already integrated with Temtum blockchain.
- Temtum Pay-as-you-play feature: This is seen as instant payments for each stake, with no deposit passing through the platform but directly to the user's wallet. Both players stakes and payouts will be direct wallet-to-wallet transactions; that is to say, there is no third-party.
- Temtum payment gateway: This is designed to work as a regular online casino/game gateway, but in this case, users can deposit using TEM via a payment gateway partner. In this, the online casino users are playing with will convert the deposited TEM into Fiat currencies such as Dollar etc without any options of withdrawing Temtum.
CONCLUSION
Temtum's team is already in discussions with several online gaming platforms as well as crypto payment processors or systems so as to fulfil their goals of bringing blockchain adoption across the existing online gambling space.
Temtum will offer benefits to the gambling industry where it will be possible to perform a full audit on the blockchain so that any player can see that each game is carried out fair and as stated by the gaming platform. In addition, using Temtum would also give the users more benefits such as anonymity and privacy.
Furthermore, with Temtum, players will directly use crypto (TEM) as a stake with no fees and instant transactions which will be confirmed in their account within 12 seconds.
TO KNOW MORE ABOUT TEMTUM
Join the Telegram Group: https://t.me/temtumcommunity
Join the Discord Group: https://discord.gg/hs3v4g4
Follow on Twitter: https://twitter.com/wearetemtum
Follow on Facebook: https://www.facebook.com/wearetemtum
Follow on LinkedIn: https://www.linkedin.com/company/temtum/
Follow on Medium: https://medium.com/temtum
Website: https://temtum.com
Whitepaper: https://temtum.com/downloads/temtum-whitepaper.pdf
Writer’s Bitcointalk Username: Emmy92
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1329140