advertisement

Sports Betting dApp, DecentBET Migrates from Ethereum to VeChain Blockchain System

Decent.bet | DBET | Ethereum to VeChain Blockchain | Blockchain updates | Sports betting dApps

Decent.bet (DBET) is a transparent, smart contract based sports betting platform and online casino, has announced that the dApp will make a switch from Ethereum to VeChainThor Blockchain. The team behind the bet coin took this step as it is crucial to  find a strategic partner whose technical capabilities will help them expand their vision to new heights.

According to the official announcement from DBET team, they chose VeChain Platform as it is a platform that has cemented its long-term value through its strategic partnerships, both disruptive and traditional.

The DBET platform will be the first of its kind to let anyone participate be the house for a casino. This platform will make use of a trusted setup wherein the Decent.bet addresses will provide betting lines and outcomes.

All transactions will be transparent and verifiable on the blockchain. This transparency will make it impossible for malicious or predatory activity to take place from the outset. All payouts, credit distributions, lottery winnings, house buy-ins, would be completely decentralized and determined on-chain.

The team at DBET has made significant progress to bolster their team, vision, and progress. Their end product will help introduce a new age in gaming and casinos that enable transparency, fairness, and trust. The built platform will be host to multiple games and sports options ranging the spectrum of user interest.

Also Read: Blockchain in Wine Industry: VeChain To Track Wine Imports For Chinese Wine Industry!

KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.

Get Latest Cryptocurrency And Bitcoin News

Signup this form below to get latest Cryptocurrency and Bitcoin news, directly in your mailbox

Note:

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.