th

Isle of Man Grants License to Ethereum-Powered Lottery Chain

Large

Its been made clear in recent months that not all country's are fond of crypto and blockchain backed endeavors, but some are ahead of the curve. The Isle of Man have approved a gaming licence for an Ethereum blockcchain based lottery system developed by Quanta.

This system looks to be beneficial because open, decentralized nature of the Quanta-blockchain system ensures that payouts are made, and that they are fairly dealt. In the future, Quantra could allow people around the world to participate in in a trustworthy lottery, despite their respective countries gambling industry size. For now this is a promising step.

If your interested in Quanta you can read their white paper here.

COMMENTS

Look At This:

Giphy
Giphy
Giphy
Search IllRoots
Jump