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First-Ever Compliance Certificate Issued: A Win for Crypto Gambling
By Shane Addinall Sep 07, 2022 TechnologyThe first compliance certificate for a blockchain-based services provider solidifies the advanced technology’s future in iGaming. Developers and operators gain the opportunity to provide the most reliable games ever.The renowned and impartial certification services, BMM Testlabs, announced the approval of a certificate of compliance for Chainlink VRF. This empowers iGaming developers and operators to utilise the most widely adopted RNG technology to the advantage of players and provide unsurpassed security in iGaming content.
Among the list of technological advances in the gaming industry, blockchain presents the most exciting possibilities for security and randomness in online casino content. The news of a certified blockchain tech company with the renowned BMM test labs comes when consumers need it most.
Impenetrable, Verifiable, and Now Compliant
Chainlink VRF (Verifiable Random Function) is a blockchain-based service that powers provably fair games and offers verifiable random number generators. The company explains that although blockchain transactions are immutable and RNG-auditing is nothing new, loopholes exist in both systems and Chainlink VRF protocols fill the gaps.
BMM Testlabs is an experienced testing laboratory and the longest-running independent compliance company in the gaming industry. Their GLI-19 compliance certificate positions Chainlink VRF at the forefront of technological improvements for iGaming companies.
Business Development Manager for iGaming at BMM, Maria Romero, said:
“As one of the first certifications in the blockchain industry, BMM is paving the way for companies developing blockchain-based gaming solutions to become certified in a secure and compliant way that was previously unavailable.”
Trust is key in sustainable iGaming and, with verifiable randomness, tamper-proof records, and unsurpassed security, Chainlink VRF is a game changer for online wagers.
Unsurpassed Scalable Security
Through VRF technology, developers employ smart contracts to access random values that eliminate vulnerabilities in code security and guarantee provably fair games. Another advantage of VRF is the ease of use for developers, making this a universal solution for blockchain gambling products.
By securing the compliance certificate, Chainlink VRF becomes the top choice for suppliers in BMM jurisdictions around the world, including Spain, Sweden, Greece and Denmark. Operators from BMM-supported regions now have the uncompromised security option at their fingertips when selecting software suppliers.
Chainlink’s consensus-based oracle networks unlock end-to-end decentralisation and enhance smart contract performance, operability, and functionality. Developers use VRF technology to mint NFTs, distribute these fairly, and create truly random gaming outcomes. For players, this means unsurpassed trust and transparency in their gambling activities.
To further enhance its offering, Chainlink launched VRF v2 earlier this year. The scalable, gas-efficient, and configurable on-chain randomness presents essential improvements for NFTs and decentralised apps.
Paving the Way for Trusted Gambling Content
This leap in technology security and randomness not only eliminates human error but also takes us to the next frontier of blockchain-based gambling. It is only a matter of time before other regions cotton on to the advantages of highly secure blockchain content.
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