ICE London 2023: Safer Gambling Using the Blockchain

Written by:
Aaron Goldstein
Published on:

CoinGeek’s Becky Liggero is back at the ICE London to check out the most ground-breaking technology and B2B solutions that exist within the gambling space today, particularly those that are powered by blockchain.

Nick Hill, CEO of nChain tells Ms. Liggero that "safer gambling is tippy tongue of everybody’s mindset."

The way this year's ICE London was set up, giving priority presence to control and safeguard ventures, "really goes to show that the industry is embracing safer gambling and player protection."

Crucial Compliance CEO Paul Foster said of the advances in gambling, "I think the whole thing is the progress in the technology side of it."

Foster explained how his company is using the blockchain via the Kensei Platform. 

The Kensei is seamlessly integrated to provide the certainty of one's clients in order to require business verification and Business KYC (KYB) needs. As such, clients have absolute proof that KYB checks were completed against the primary source for the company in question and at the time claimed.

"All the data we need to be irefutable, we need to be findable, and it is all stored there," Foster tells Liggero.

Liggero notes how positive it was to see blockchain solutions in action at this year's ICE London. 

"I am positive there are many more to come," she said.

- Aaron Goldstein, Gambling911.com

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