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Betting Application

Leveraging Blockchain Technology for Betting Bureau

This is the implementation of The Betting Bureau working on the Ethereum Blockchain. People can bet legally on the predictions of the increase/decrease in the price of cryptocurrencies and tokens.

  • The Blockchain-based platform offers 100% tamper-proof data since no middleman is involved
  • The Ethereum based betting platform is integrated with Smart Contracts that eliminates the hacking attempts.

Securing the Transactions on Betting Application using Blockchain

To deliver a secure betting platform, RWaltz integrated smart contracts to ensure 100% tamper-proof bets. Implementation includes the admin profit share in the percentage profit share in percentage, minimum bet value, max bet time, and services depending upon the crypto-currency stats service like CoinMarketCap and CoinCompare API's to watch on the prices to declare the winner. The platform doesn’t include any middle man to declare the winner and amount distribution.

 

Components we use

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