Categories: Press Releases

Stakers enhances betting experience as Smart Contract sets into action

Stakers Ltd., the Maltese iGaming company, is ready to roll out Smart Contracts for their users. Powered by Ethereum, Smart Contracts provide bookmakers with the peerless solution designed to establish binding obligations with the bettors.

The groundbreaking technology of the new type of contracts comes as an easy yet secure way to enhance the relations between a bettor and a sports betting company. With the expansion rate of the technology utilization unabated among the leading figures in business such as Barclays, Bank of America and Wikipedia, Staker Ltd. joins the world renown companies, introducing the secure and high-end instrument for their users.

Being a Blockchain-based technology, Smart Contract is considered fulfilled once the scoring data is received and is immediately paid out with no room for either frauds or a factor of a human error. All players’ bets, from the moment the user signed the contract and deposit is made, are ensured with the fixed odds regulated by the digital contract.

Provided a Smart Contract will utilise real money, delivers the full functionality of the innovative safety technology today, while Malta Gaming Authority is at the cusp of establishing regulating documents relating cryptocurrencies gambling.

“We’re looking forward to present Smart Contracts to our users! The powerful structure of the Blockchain technology allowed us to bring the interaction with our customers to the absolutely new level. Our company has a number of key principles essential for us. The fundamental is fair play for the bettors – and henceforward, the users may be confident that they’ll get the best of the safe betting ”, – said Michael Schmidt, company business development manager.

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Short of significant global regulating methods for bookmakers and customers, the iGaming sector is facing considerable issues due to the increasing number of semi-legal companies. Thuswise, the inconveniences and the lack of confidence follow not merely young companies, but the world top-class enterprises. Yet the Smart Contract and the Blockchain technology are to mend the situation ultimately.

“We’re entering the new era of mind-boggling technologies, that allows us to grant the user with certain guarantees right on the laptop without applying to the lawyer. Presenting the most secure way of betting, we expect our players to fully enjoy this service!” is licensed in Malta and regulated by the Maltese Gaming Authority. License number MGA/CL2/1306/2017

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.


The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

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