From past few years, the world is witnessing the dawn of new technology and it is Blockchain technology. The distributed ledger of blockchain offers solutions to many problems faced by industries and tech companies. Blockchain was initially used to develop cryptocurrencies but gradually it extended its reach to health, finance, real estate, education, and several.
Blockchain technology will become more significant over the coming decades, it is already been adapted by many sportsbooks. Many betting sites have been accepting Bitcoin for placing bets and for deposits over the past few years. As blockchain tech continues to escalate, various cryptocurrencies will be accepted by sportsbooks which have the ability to process.
Recently Facebook has announced its new international project ‘LIBRA’ a global cryptocurrency. The main motive behind introducing Libra is very clear, to create a global cryptocurrency that is accepted all over the world. There are 1.7 billion unbanked people in the world who don’t even have a bank account or access to any financial system..