Industry Problem

Let us discuss some of the traditional Industrial Problems

The gaming industry is increasingly growing in popularity as its problems grow exponentially. There have been critical issues that the big players in the betting industry have failed to address and this issue is very visible but they have always shied away from it because it has been in their favor.

There are a lot of possible problems circling the betting industry, one of these could be the traditional betting platform being relaxed and never seeking a higher cutting-edge technology to improve the overall platform. Another possibility might be that they are settling for less where there could be a lot of options that could not only benefit them but also the users of its platform.

There have been several competitions by big players trying to outsmart the other competitors by selling redundant features to platform users…but all these have been to the disadvantage and detrimental effect on the bettor's welfare. In fact, this added feature is only invented to amass wealth for them the bookies because, the betting platform is not auditable, transparent, and verifiable hence they can always do as they wish.

There are many problems linked with the gambling industry but some of these problems listed below are big deals. But cheers because Coinsino is here with a multi-level solution and with a multi-purpose gaming/betting platform.

Problem such as

• illusory or Sly game promotions

• Restrictions of certain nationalities.

• Lack of transparency

• Lack of privacy

• Bookies fraud to users

• Credit card rejections,

• No open records of betting activities

• No verifiable smart contract.