Highlights From The First Bitcoin4iGaming Conference

The potential of Bitcoin in the online gambling industry has been the subject of discussions for the past several years and while there were some bumps along the way, it looks like the popular virtual currency is becoming bigger and bigger for iGaming. The advantage of using Bitcoin, the regulations that come with it, the future of crypto-currencies and Altcoins are just some of the topics covered by the first ever Bitcoin4iGaming Conference that took place on November 24 in the UK.

Various sessions and countless operators

The Dexter House in London welcomed about 150 regulators, operators in the iGaming industry, professionals and enthusiasts in Bitcoin; making it a big success. The sessions covered the currency from different aspects and the focus was mostly on its role in the growing online gambling industry.

The speakers for the day were carefully selected by Michael Caselli from iGaming Business and his experience from working with GoCoin’s Eric Benz came in very useful. The quality of speakers was admired by participants and it helped show how powerful technology can be in comparison to the actual currency value.

Positive buzz and future education

Bitcoin seems to have won the hearts of iGaming operators a while back and the energy on the conference was very positive, despite the fact that some sessions explained some of the risks that come with this online currency.

The main highlight from the conference remains the fact that governments and the general population still need to be educated on the use of Bitcoin and the benefits it can provide, especially in the iGaming industry. The block chain technology that comes with Bitcoin can be used in many different ways, according to the panelists. Some of the examples included debt collection, medical management, voting systems and more.

With benefits like no chargebacks and user-friendly usage on the internet, the conference made quite the case for Bitcoin on Monday.