Security and blockchain have long been synonymous. This is unsurprising because the blockchain was created to secure data and make life difficult for hackers and scammers.
The path of the blockchain into gaming was only a matter of time, and today we can already observe the active promotion of cryptocurrency in games. At the same time, blockchain has several advantages that increase game security. Read about how this happens in our article.
Don’t Try to Scam the Blockchain
If you are starting with cryptos you already see that the development and launch of blockchain systems take quite a lot of time. Most of the time is spent on security and protection against cheating in games.
Digital money, which various cryptocurrencies, NFTs, or tokens are considered to be, has always been the desired treasure of multiple hackers and scammers, so the developers have made it so that players can not worry about their funds by introducing smart contracts into all processes.
Getting Real Ownership
NFT and multiverses, based on various blockchains created a new universe with houses, cars, and unique creatures. Why does everyone love games so much? Probably because games allow you to get something you can’t get for certain reasons in real life. Yes, you can build a house in Minecraft and buy a cool car in GTA 5, but these will only be pixels that cannot be sold in real life.
The metaverses that were developed due to upgrading blockchains’ capabilities gave gamers not only to get something worthwhile and real just by playing their favorite games.
Formation of the Game Multiverse
The multiverse and the game world will function as long as the players want. How does it work? The blockchain functions independently and can change depending on the actions and desires of the community, and the development team or studio can only keep the metaverse working.
Players create their world, can trade and exchange with other gamers, perform actions alone, and game companies lose the ability to manage the game economy; trading platforms are completely decentralized. Purchase, sale, and asset exchange occur according to the peer-to-peer method. You can learn more about DeFi & NFT in the relevant section on our website.
Gamers do not depend on developers and can do whatever they want, which is always excellent. Developers often abandon cool projects without paying attention to gamers, as with Heroes of The Storm.
The safety of players in the metaverse is also under the reliable protection of blockchain algorithms, which reduces the chances of scammers or hacking into gamers or trading systems.
Development of eSports Games
One of the main advantages of the blockchain is the ability to create a secure, reliable, and transparent gaming world that allows storing and transferring data without the possibility of changing it. This is very important for eSports, where much money is seen in betting and other forms of play.
Using “smart contracts” can provide a more transparent and automated process for managing cash flows and rewards for victories in electronic sports competitions. This technology can create a distributed control system for esports, avoiding manipulation and fraud in the industry. One of the most apparent benefits of using blockchain in esports is to ensure fair and transparent play.
Security of Monetary Assets
Well, we would like to complete our shortlist with money. We mentioned the security of funds earlier, but that was more of a part of the overall system. Blockchain games stand out for their high security and privacy compared to games where the game currency is bought through a bank or PayPal.
The blockchain chain is inextricable since each block contains a link to the previous one. Blocks cannot be changed or deleted; only new ones can be added. Thus, it is always possible to restore the history of transitions of a particular asset from hand to hand and find out its current owner.
There are several reasons why Play-to-earn games are becoming popular in the cryptocurrency market. The main factor is that the player receives a platform for entertainment and the opportunity to earn tokens.
Of course, the variety of games is not as wide as in the Steam or Epic Games Store, but the door to the blockchain gaming community is always open for those who care about the security of money and data.
Final Thoughts
The protection of data, funds, and assets thanks to the blockchain has reached a new level, and many, not only gamers, have appreciated the possibilities of this technology.
Blockchain is a boon for those who appreciate the security and reliability of everything surrounding it. As you can see, most of the information is related to money safety. We hope you are not surprised because blockchain and cryptocurrency are rich areas valued precisely for this.