Singapore, June 22, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire) When cryptocurrencies proved to be a viable cost possibility, everybody was thrilled due to this blockchain know-how. Discuss concerning the velocity of transactions, privateness, world attain, and the promise of hack-proof cost options.
Nevertheless, as most of us have come to appreciate, it has been a bumpy journey for cryptocurrency cost suppliers with a number of experiences of hacks, fluctuating costs, and regulatory restrictions. What may settle our fears and restore the arrogance we as soon as had in cryptocurrency funds? On-line gaming platforms reminiscent of casinos are looking out for an answer that ensures gamers gaming satisfaction for a safe and quicker expertise whereas additionally optimizing the on line casino’s operations.
Samecoin, a brand new entrant into the cryptocurrency house, appears to have all of the options that on-line gaming platforms have been gunning for. The Samecoin ecosystem – which consists of a utility coin (Samecoin), stablecoins (SameUSD, SameEUR, and so on) in addition to the SameID and SamePay – has been endorsed by iGamingGroup because it explores integrating Samecoin ecosystem and its SameUSD as a cryptocurrency cost service supplier of selection.
What’s iGaming Group, and what does their endorsement say about Samecoin?
iGamingGroup Endorses Samecoin
Touted as the final word iGaming know-how stack supplier, iGamingGroup is the one-stop-shop for all on-line gaming techniques. The group boasts of high-end shoppers reminiscent of Evolution Gaming, Netent, BetSoft, Rela Gaming, Play n Go, and ORYX Gaming.
To this point, the iGaming large has helped develop 7000 video games by means of superior ready-to-deploy business options whereas specializing in trendy human-centered interfaces which might be innovated and scaled to shopper’s calls for.
iGG has been offering cryptocurrencies reminiscent of Bitcoin, Ripple, Dogecoin, Ethereum, and Litecoin as a part of its huge cost choices plans. The necessity to present a quicker and more cost effective transaction is what drove it in direction of Samecoin.
In line with the corporate’s web site, iGamingGroup is at all times seeking to make deposits and withdrawals safer, simpler and quicker to fulfill on line casino gamers and house owners. This makes good sense as to why the corporate would decide to endorse the Samecoin ecosystem.
The iGaming know-how supplier helps over 30 cost techniques accepted globally, representing greater than 150 cost choices. Samecoin guarantees to be a worthy addition to iGG’s objective and mission.
Cost Options Designed For On-line Playing
Samecoin’s cost resolution, SamePay, offers cryptocurrency cost options with stablecoins and safe SameID logins. The simple-to-integrate progressive cost resolution makes for a clean working expertise for each the proprietor and gamers.
The Samecoin system will combine nicely with iGaming’s SSL encryption used for on-line banking, thus offering on-line playing with the very best safety. The ecosystem, which incorporates SameID and SamePay, suits nicely with iGG’s Know-Your-Buyer and Anti-Cash-Laundering procedures.
Samecoin’s stablecoins, the SameUSD and SameEuro, intention to remove cryptos’ fluctuating costs, which has discouraged many on-line on line casino gamers. These cash’ potential to imitate fiat currencies’ stability and ease whereas retaining some great benefits of cryptos makes them good for on-line casinos.
Options that Make Samecoin Excellent for On-line Casinos
In addition to the steadiness and safety of worth supplied by Samecoin’s household of stablecoins, the ecosystem additionally options the SameID and SamePay instruments which might be invaluable to on-line casinos.
SameID in On-line Casinos
SameID is an simply built-in person identification function that eliminates the necessity for on-line on line casino gamers to make use of their private data. Though customers of SameID should bear the KYC process, the method is quicker than earlier than, thus saving time and prices spent on costlier KYC procedures.
Whereas utilizing the SameID, the customers’ verification course of might be carried out by means of:
· Facial recognition selfie identification.
· Passport or ID card.
· Utility invoice.
SamePay for On-line Casinos Cryptocurrency Funds
SamePay integration simplifies the way in which gamers obtain and ship cryptocurrencies in on-line casinos. Whether or not it’s SameUSD, Bitcoin, Litecoin, or Ethereum, SamePay will serve you nicely.
SamePay works with wallets for every crypto that on line casino gamers will probably be utilizing. Even higher, SameID additionally applies right here; this ensures one account offers a person full management of their cryptos whereas sealing any safety loopholes.
On line casino operators integrating SamePay also can allow SameID logins to unravel any KYC issues that gamers would possibly encounter when onboarding. It is going to solely take 5 seconds for on line casino gamers utilizing the SamePay cost choice to get verified. What’s extra, SamePay secures the gamers’ information by solely sending the required information to casinos when SamePay customers register by means of SameID. No private information is ever given out.
Since SamePay customers can have complied with the KYC process when registering by means of SameID, operators will obtain verified gamers. It will save time and supply much-needed operational efficiencies – one thing iGamingGroup desires to take full benefit of.
The SamePay’s easy operational framework to each on line casino house owners and the adoption-friendly interface with low crypto transaction prices will assist develop a on line casino’s buyer base and enhance model development.
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