Peerplays has announced the forthcoming launch on May 30 of a global peer-to-peer betting platform built on top of Blockchain.
The company claims it avoids fraud and cheating problems by decentralized applications, which are set to be released soon, and will allow users to access Peerplays from anywhere in the world, solving accessibility issues. The PPY tokens ensure that the punters are able to participate in all the activities of the Peerplays Blockchain, making it transparent.
Smart contracts ensure peer-to-peer wagering with real-time interaction between users around the world, with users connected directly peer-to-peer through a decentralized Blockchain network.
The ‘dapps’ or decentralised applications will enable anyone with an internet connection and some bitcoins to access Peerplays. Other digital currencies can also be used, in addition to Bitcoin, to bet on sporting events, casino games, instant lotteries and online tournaments.