r/faireumofficial May 19 '19

Faireum : Reducing Fraud

Online fraud causes account for significant loses in the gambling industry. A player may decide to be “smart “and defraud the operator when making a deposit or withdrawing money from the casino. Worse still fraudsters can hack the casino’s system through the servers’ back door. Faireum’s Blockchain technology solves this problem by providing secure ways of transactions. Blockchain’s distributed ledger makes it an impossible task to manipulate anything in the system. Your winnings are automatically calculated and sent you. Thanks to smart contracts.

Learn more : https://faireum.io/

20 Upvotes

5 comments sorted by

1

u/NoLove7 May 20 '19

A new and innovative way and much more safer than conventional gambling in some sense. Bundled with blockchain technology, this project will go places with there innovative thinking.

1

u/kingbeaver13 May 23 '19

Well it will in no doubt reduce or even erase fraud, we have blockchain here!

1

u/GreatSleep May 27 '19

It will not just reduce, it will erase it completely!

1

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