Blockchain’s role in identity protection in gaming
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Blockchain’s role in identity protection in gaming

August 21, 2020      Cryptoknowmics

Over the years, there have been a lot of reports on leaking data that includes very important information about people. This information can be used for many reasons and could end up in something very dangerous, to overcome this challenge, companies around the world are trying to come up with ways to use modern technology to win this battle against such a dangerous thing. 

In total, in the past few years, there have been breaches that have affected more than one billion people and information about them around the world. This problem is no stranger to the gaming industry, many companies have struggled with keeping gamers’ personal information private and the industry is doing its best to adopt new technologies to keep sensitive information about their users safe and secure. 

Something that seems to be very helpful in this situation is the Blockchain technology, which can keep the information of gamers safe. To better understand what it means to save the information about people securely, we have talked with the IT department manager of PlayAmo, Miguel Chapman about their plans. As he said, it is not an easy thing to do, but certainly very important. 

“For our team, it is very important to make sure that every single person who trusts our services can stay as safe as possible. We are doing everything we can to make sure that our users do not have any problems while gambling, we are now having talks on how we can use Blockchain for further safety, and maybe we will soon come up with something new,” said Chapman. 

The gambling industry is not the only one that is trying to safeguard the information that they own, the trend is the same in many other fields. 

What is blockchain and what can it change? 

In the world of gaming, identity management systems have a lot of problems when it comes to keeping their information safe. Blockchain might be the best technology that the world has today to find a solution to these problems. 

Blockchain, otherwise known as the Distributed Ledger Technology, or DLT, is a technology behind decentralized databases that provides control over data transmission between entities with the help of the peer-to-peer network. It uses consensus algorithms that help replicate in different nodes of the network. 

The main thing that makes blockchain such a secure thing is that each block containing data is recorded and it cannot be changed. If anyone tried to change any piece of information in the block, all the blocks that were created after it would also have to be changed, which means that 51 percent of the network would have to agree on that change. When information is registered, blocks are being established, each of these blocks containing hashed information. So, the information is being transformed into a string of alphanumeric values.

Why is it important to keep identity information safe? 

Over the years, advancements in technology have changed the everyday lives that people have. With many advancements, many problems were also born and these problems needed a lot of hard work. With the establishment of the Internet, one of the key concerns that people have had was identity management, and every year, hundreds of millions of dollars are being spent to create a safe and secure environment.

However, even though such a huge amount of money is being spent every year, there still is a lot that needs to be done to better the situation around the world. To most of the businesses and companies, digital identity is very important and it is very important to make sure that this information is kept as safe as possible. 

However, the traditional technologies that have been used to overcome these challenges are not as effective as they used to be, which makes it vital for the gaming industry to come up with new ways to challenge these problems. 

Blockchain has managed to evolve a lot in recent years, and today, it has a huge chance of creating a safe and secure environment for everyone. Because of that, most of the gaming industries around the world are doing their best to use this technology to keep information about their users as safe as possible.

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