Blockchain Technology in Gaming Industry

As with other industries, traditional gaming payment systems are usually slow, cumbersome, and expensive. They can also cause a maldistributed ecosystem of wealth as the middlemen and large vendors benefit the most from those inefficiencies.

With cryptocurrency payments, in-app purchases become frictionless as micropayments can transfer directly from players to the game developer. There’s no more need for a middleman in this transaction. The security and immutability of blockchain technology are enough to facilitate this type of trustless exchange.

The blockchain also brings value to game distribution. Instead of publishing to a centralized marketplace like the Apple App Store, game developers can reach consumers directly through a decentralized marketplace.

Once again avoiding a centralized middleman, the developers pay only a fraction of what they normally would on sales fees.
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