One of the most flexible and improving online commercial markets is the iGaming and online casino business. The games are getting better – the casino welcome bonus offers are getting bigger and the technology is being developed at the speed of light.
Here, we will look at the best new prominent technologies in the industry.
Virtual Reality Technology
This has actually been around since 2015, when it was first implemented by the Spanish business, Slots Million. Players can enjoy slots and games at virtual tables, either with friends or on their own. This trend started growing across Europe and Asia and is gaining momentum steadily.
Firstly, it allows players to become totally immersed in their gaming experience. The player, armed with their VR glasses and game controller, experiences emotions as close to real-life casino playing as possible.
It also allows players direct interaction with other players and dealers. It was noted with the introduction of live casinos, that interaction with the dealer was popular. Contact with dealers and players was initially done via chat rooms, but the use of VR makes it even easier to communicate with others.
It also allows a more tactile and sensory experience. There are chips and money that clients can – albeit virtually – actually touch. This makes your money feel much more real than simply seeing numbers displayed on your computer screen.
The advanced graphics used in VR give the players the real feel of a land-based casino, whilst they have access to the number of games they would find at an online casino… giving them the best of both worlds. This means that players are even more engaged, which in turn will lead to the increased chance that customers will keep returning for more.
It is believed that the gambling industry will reach even higher levels in the metaverse – which will allow players to virtually visit the best casinos around the world – even the biggest and best in Las Vegas.
Blockchain Casino Technology
One of the most important aspects of any online casino is the ability to offer highest levels of security, transparency – and anonymity. The more secure the casino, the more trusted the casino will be. The introduction of blockchain technology allows for even higher levels of security, transparency and total transaction anonymity.
Blockchain technology allows players to make their deposits and withdraw their money in all the main cryptocurrencies. Obviously, the most popular and well-used in Bitcoin, although others are starting to rise in popularity. Cryptos are perfect for players who are looking to keep track of their gambling transactions.
In addition, blockchain technology also allows online casino platforms to give their players a more personal experience when processing their casino transactions. This means even more trust from the players and allows them an anonymous and safe gambling virtual experience.
NFT Products in Online Casino
NFT (Non Fungible Tokens) are independent tokens of online artwork that have started to gain popularity in a number of different commercial industries. They are now considered highly profitable online digital assets.
The online casino industry was ahead of the game when it came to understanding the value of this technology. Online casino operators have been able to use NFTs in a number of different markets – from developing exclusive content to the addition of blockchain technology in bonus programs.
An NFT could be used as a copyright certificate for the gaming company’s logo – or for other elements of the design of the website. The sale of unique NFT tokes from the casino’s logo could even contribute to the growth of the brand, making it even more recognisable. The exclusive digital NFTs could even be used as casino merchants.
How NFT Games work
Although each and every individual component of a digital chain is totally unique, every free token will eventually be formed into a standard blockchain. Because the system is decentralised, there is no one single control node, which makes it completely secure and transparent.
Blockchain is the technology that underlies all NFT games – live content, slot games and poker games. The presence of blockchain technology components won’t alter the basic mechanisms of casino games and products. So, ultimately, the player can enjoy the same functionality and interface as when playing a regular online casino game. The only real difference is the way that winning combinations are processed and then stored.