There’s only a few days left before the iGaming Asia Congress returns, bringing with it the latest opportunities, strategies and innovations for social casino operators as well as mobile gaming executives in the region.
Blockchain payment technology is one of the topics that will discussed next week at the iGA. Blockchain is known as the technology behind digital currency bitcoin, but many institutions, particularly in Asia, are starting to find other use cases for it.
Asia and blockchain, according to experts, is a match made in heaven—especially if we’re talking about payments. Despite the many technological advances today, the process of sending money around the world continues to be slow, expensive and in some cases, unreliable.
Blockchain, or the distributed ledger technology, could help unify the global payments system by enabling banks to process transactions directly, instantly and securely in a matter of seconds. Currently, the technology is being explored by many banks, particularly in Asia. OCBC Bank, for instance, is the first bank in Southeast Asia to use blockchain in its local and cross-border payment funds transfer services.
So it doesn’t come as a surprise that blockchain payment technology is one of the topics at the upcoming iGaming Asia Congress, along with the growth of eSports leagues, the virtual reality revolution and popularity of skill-based games as well as cybersecurity threats. Organizers will also hold a pre-congress one-day masterclass on online gaming start-ups.
Organizers said they have lined up more presenters and panelists who will provide “macro ad micro views” of Asia’s online betting scene, including One Championship CEO Victor Cui, Bitcoin Association HK President Leonhard Weese, Cagayan Economic Zone Authority (CEZA) administrator Jose Ponce, 1SpinMillionaire CEO Martin Cagalinec, and Frank Schuengel, ForexClub, former Mobile Channel Member & Product Development of 188bet.
The iGaming Asia Congress 2017 will be held at the Grand Hyatt Macau from March 27 to 29, 2017.
