In a press release on Feb. 4, California-based software development Blockchain company, HashCash Consultants announced that it is going into partnership with an undisclosed Australian video game developer. The purpose of the alliance is to expand its white label crypto exchange and tokenization services for the gaming industry.
HashCash is a blockchain firm giving “white label” blockchain answers to the gaming division.
One of the major aims of HashCash Consultants is to explore options built on blockchain technology. The manner in which HashCash Consultants has drawn the consideration of forward-thinking video game makers is nothing unexpected. However, the software company provides other services as well. For example, organizing ICOs, integrating existing gaming platforms to a blockchain platform in line with HC NET.
In 2017, HashCash generated $150 million in time for the beginning of the venture. These funds were used to subsidize the building of its solutions, which include initial coin offering (ICO) services, crypto exchange development support, and crypto payment processing technology.
“HashCash offers each of its investors their very own individual accounts, unique login information, and funding address. So even if they lose the private keys’ information they can still access it by these above-with mentioned techniques.”
The official statement lays out how a move to a tokenized, blockchain-based model can help improve the gaming division. The improvements will enable gaming organizations to adapt their ecosystems by opening up decentralized micropayment channels. However, these channels are between content producers, streamers, and viewers.
As recently announced, major gaming firms are progressively grasping blockchain technology to rehaul their online networks, and content distribution. In December, gaming organization Atari, went into a license agreement with blockchain startup Animoca Brands. Thus making blockchain forms of two of its most famous mobile games.
“Many of us at Epic are big fans of the decentralized computing tech underlying cryptocurrency, however, a lot more work is needed on volatility and fraud-proofing before bringing it to such a broad audience that includes younger gamers.”
-Epic CEO Tim Sweeney.