Singapore, June 22, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire) When cryptocurrencies proved to be a viable cost choice, everybody was thrilled due to this blockchain know-how. Speak concerning the velocity of transactions, privateness, international attain, and the promise of hack-proof cost options.
Nevertheless, as most of us have come to understand, it has been a bumpy trip for cryptocurrency cost suppliers with a number of reviews of hacks, fluctuating costs, and regulatory restrictions. What may settle our fears and restore the boldness we as soon as had in cryptocurrency funds? On-line gaming platforms resembling 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 area, 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 many others) 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 alternative.
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 programs. The group boasts of high-end purchasers resembling Evolution Gaming, Netent, BetSoft, Rela Gaming, Play n Go, and ORYX Gaming.
Thus far, the iGaming large has helped develop 7000 video games by means of superior ready-to-deploy trade options whereas specializing in trendy human-centered interfaces which are innovated and scaled to consumer’s calls for.
iGG has been offering cryptocurrencies resembling Bitcoin, Ripple, Dogecoin, Ethereum, and Litecoin as a part of its huge cost choices plans. The necessity to present a quicker and less expensive transaction is what drove it in direction of Samecoin.
In keeping with the corporate’s web site, iGamingGroup is all the time 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 choose to endorse the Samecoin ecosystem.
The iGaming know-how supplier helps over 30 cost programs accepted globally, representing greater than 150 cost choices. Samecoin guarantees to be a worthy addition to iGG’s purpose and mission.
Cost Options Designed For On-line Playing
Samecoin’s cost resolution, SamePay, supplies cryptocurrency cost options with stablecoins and safe SameID logins. The simple-to-integrate modern cost resolution makes for a clean working expertise for each the proprietor and gamers.
The Samecoin system will combine properly 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, matches properly with iGG’s Know-Your-Buyer and Anti-Cash-Laundering procedures.
Samecoin’s stablecoins, the SameUSD and SameEuro, intention to get rid of cryptos’ fluctuating costs, which has discouraged many on-line on line casino gamers. These cash’ capacity 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 soundness and safety of worth supplied by Samecoin’s household of stablecoins, the ecosystem additionally options the SameID and SamePay instruments which are invaluable to on-line casinos.
SameID in On-line Casinos
SameID is an simply built-in person identification characteristic that eliminates the necessity for on-line on line casino gamers to make use of their private info. Though customers of SameID must endure 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 finished by means of:
· Facial recognition selfie identification.
· Passport or ID card.
· Utility invoice.
SamePay for On-line Casinos Cryptocurrency Funds
SamePay integration simplifies the best way gamers obtain and ship cryptocurrencies in on-line casinos. Whether or not it’s SameUSD, Bitcoin, Litecoin, or Ethereum, SamePay will serve you properly.
SamePay works with wallets for every crypto that on line casino gamers can 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 may also allow SameID logins to resolve any KYC issues that gamers may encounter when onboarding. It can 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. This may save time and supply much-needed operational efficiencies – one thing iGamingGroup needs 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 progress.
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