IGT patented a way to pay in casinos using bitcoin

IGT patented a way to pay in casinos using bitcoin

One of the top representatives of the technological sphere of gambling International Game Technology (IGT) has developed and patented a new way to pay for gambling entertainment. It is based on the most progressive decentralized digital cryptocurrency - bitcoin.

The creators of the new initiative have not yet disclosed any plans to implement bitcoin in their platforms. However, the company's new patent, issued on January 5, includes a unique feature called HODLER-gamblers. It can be used to conduct transactions in multiple ways embedded in the system's "memory."

As stated in explanatory notes from the U.S. Patent and Trademark Office, IGT customers will be able to use bitcoins as a means of payment, using it in their accounts at the gambling establishment. There, after paying a certain commission, they will automatically be converted into real money.

Moreover, the new patent will not only be introduced in the operation of land-based gambling halls. Also, these technologies will be used to process cryptocurrency tranches to the company's players' accounts. IGT may soon implement the developers' patented method of crypto-financing in its advanced development play casino online on allslotsonline.casino.

On Tuesday, Jan. 5, IGT announced that the Nevada Board of Control approved the company's plans to create a cashless betting system that would allow players to pay for their bets with the tap of a finger. The feature is believed to be directly related to the massive launch of a cryptocurrency payment system.

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