Grondigital - Gambling & Betting Open Platform on the Blockchain

Grondigital is a gambling and betting platform where transactions are managed by cryptologically verified code without human intervention. Grohn digital is a secure, transparent, verifiable and fair gaming platform on blockchain. Our Smart contracts act as a stand-alone trust agent. The platform is managed by a utility token – called Gro. Gro is used by Participants in exchange for the cost and services they provide. Service providers, bookmakers, casino operators, affiliates, regulators and players are just a few examples of participants in the Gron digital ECO-system.
Contact: https://grondigital.com/
Whitepaper: https://grondigital.com/whitepaper




Problems

There are many factors that negatively affect the gaming and betting industry. First of all, it is a matter of trust. Without trust, people don't make a deal. Trust touches all aspects of the industry from fair games, reputable operators, to systems that store clients ' deposits and manage their winnings. The existing mechanisms are based on a model of human intervention and control that provokes fraud and dishonesty. Therefore, players are faced with problems which lead to distrust. Common industry issues: https://grondigital.com/

The Deposit and withdrawal of money
When players make a Deposit to a game account that is controlled by a third party, there are often delays associated with this. Deposits often take a long time to reflect or sometimes not to reflect at all. How can a player know that his money is safe? Withdrawal is an additional problem. Often withdrawals are allowed only up to a certain minimum threshold and may incur additional charges.
Fair competition
Monopoly is characterized by lack of competition. This means that monopolies can trigger high costs for consumers, low production and often corrupt behavior that causes individuals to exercise a certain degree of distrust. The effect is that monopolies gain more control in the field of games and betting, which means that monopolies can hinder new players in the industry by discriminating against and preventing experimenting or developing new products.

Trusted service providers
The issue that remains to be addressed is that of licensing. Players who visit and sign up with different service providers may not always distinguish between legal and illegal operators.
Games fair
Are the products offered honest? Will they be treated in an ethical and professional manner? From the point of view of developers and software providers, Gaming and Betting products have not changed significantly. In addition to the development costs, companies must ensure that Gaming Laboratories certifies their gaming products to comply with fair gaming practices before they enter the market. These laboratories operate within a strict framework that can hinder the creativity of game developers. In addition, the code and logic of these systems are linked to the intellectual property of the system developer or vendor, which is often a secret.


The random number generator and a return to the percentage of the player
Another issue that is commonly discussed is the random number generator (RNG) problem. A simple example of RNG is a lottery. Lottery participants are forced to believe that the program code or physical device that generates the winning numbers is really random. Without such a system, there will be an element of predictability when players place their bets.
Currently, people and technology in the industry are not able to solve the above problems, in particular the issue of trust and cost. Thus, industry parties rely on authoritative bodies and regulation to build confidence, while the costs incurred remain high for all parties. To overcome these challenges, Gron Digital offers a platform that serves and brings together all the role players in the industry who can coexist harmoniously and share income. It will offer an eco-friendly system that is transparent and credible as it allows people to participate in games managed cryptologically.

Grondigital Platform
Development platform Gron Digital is aimed at the creation of an ecosystem where transactions are controlled by a cryptographically check the code without human intervention. This creates for all participants:

Security;
Transparency;
Warranty;
Autonomy;
Subject to audit;
Justice.
The basis of the Protocol Gron is that the platform is a set of smart contracts which act as a stand-alone trusted agent, which subsequently regulates all transactions. This Smart Contracts can automatically execute a set of predefined conditions based on coded rules that are executed in the Blockchain.

It is also important that all players receive an economic incentive to participate on this platform. All transactions are based on the GRO platform token. All bets are placed in GRO, all winnings are paid out in GRO, and any development, bonus, promotion and rewards are paid in GRO.

Advantages over other platforms
Gron Digital has several key advantages over its competitors. The founders Gron Digital knowledgeable in the industry:

The team are a legitimate licensed manufacturer and service provider of the gaming industry;
Have a lot of knowledge and practical experience in the field of games and betting;
There is an it infrastructure, necessary experience, management team and developers necessary for the effective implementation of this kind of project;
Have certified products to gaming and betting that is used in a production environment.

Web: https://grondigital.com/

Autor: https://bitcointalk.org/index.php?action=profile;u=1334788

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