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BitMart Labs Hosts China Digital Economy Global Innovation Forum, Dedicated to Boosting China’s Blockchain Market

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BitMart Labs Hosts China Digital Economy Global Innovation Forum, Dedicated to Boosting China’s Blockchain Market
Source: BitMart

On March 24th, BitMart Labs, an international blockchain incubator launched by BitMart Exchange, will host the China Digital Economy Global Innovation Forum and BitMart One Year Anniversary Convention in Shanghai, China. Sheldon Xia, Founder, and CEO of BitMart Exchange will attend the forum and speak on BitMart’s past success.

Co-hosted by HPOOL, China’s largest hard drive mining pool, BN Capital, a well-known blockchain investment institution, and Windin.com, the new generation of finance information platform, this event features keynote speakers, BitMart Club opening ceremony, and the introduction of US Security Token Offering [STO] service launched by BitMart Exchange.

This global forum will bring together over 100 blockchain leaders across the globe. Project founders and professionals with extensive experience in overseas market operations will identify the direction of China’s digital economy and share their insights on future global trends. Attendees will be able to explore turning points and new opportunities for China’s digital economy companies, in the context of the uncertain global market.

BitMart Labs’ global management team will also come and share their unique insights on the global economy, emerging technology, finance and global regulations. Sheldon Xia said,

“We’ve made a lot of breakthroughs during the past year and we are delighted to share our successful experience with China’s new forces in the blockchain market.”

Source: BitMart

About BitMart Labs

BitMart Labs is an international blockchain incubation platform launched by the premier global digital asset trading platform BitMart. BitMart collaborates with the world’s top funds in providing a variety of powerful services, including technical and marketing solutions for high-quality projects, so as to help the development and incubation of potential projects. BitMart Labs is dedicated to selecting quality projects with the strictest standards and elevating them to the next level.

About BitMart

BitMart is a premier global digital asset trading platform in the cryptocurrency market with over 600,000 users worldwide and ranks among the top 5 crypto exchanges on CoinMarketCap. BitMart currently offers 199 trading pairs with one of the relatively low trading fees in the market. BitMart’s daily trading volume ranges from $30,000,000 to $50,000,000 USD and total trading volume has reached over $37,000,000,000 USD since launching in March 2018.

To learn more about BitMart, visit their Website, Twitter or join their Telegram.



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Press Release

Are Blockchain Casinos on the rise?

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Are Blockchain Casinos on the rise?
Source: Pixabay

Over the years, the online casino industry has gone through many changes with new technology allowing for better payment methods and software on the sites. One of the newer additions to online casino sites is blockchain and sites that use this.

Here, we are going to discuss whether we think that blockchain casinos are on the rise or not. Keep reading if you’d like to find out more about these casino sites.

What Is A Blockchain Casino?

Blockchain technology is essentially a system that allows digital information not to be copied when it is being distributed. This technology originally started out as a method for Bitcoin which is a cryptocurrency and now is present in many online casinos. Blockchain was first invented in 1992 and since then it has come a long way.

A blockchain casino is a safe and secure casino that uses this special technology to pass the information on. There are many new casino sites that are already using blockchain technology but is the number of these still rising?

Why A Blockchain Casino?

You might be wondering about the advantages of blockchain casinos and why many casino operators are making the switch to this technology. The main reason for this is that there are many advantages to using this technology. Firstly, there is more transparency and trust and there is also a reduced risk of fraud.

This is something which is very important to many players at online casinos as they want to make sure that they are not passing their details onto a company that is going to sell it on.

When a casino uses blockchain technology, they can also allow players to make payments with cryptocurrencies like Bitcoin which are becoming even more popular in recent years. Of course, there are many other advantages of using a blockchain casino both for the player and the operator. For this reason, we have seen a rise in the number of blockchain casinos online right now.

Issues With Blockchain

There are some minor issues with blockchain casinos that operators are working hard to resolve as soon as possible. The fact that it is new means that there are some general infrastructure issues and the transactions can go through a lot slower than some players would like. Of course, these issues are set to be resolved sooner rather than later.

The Rise Of Blockchain Casinos

From the research done by companies interested in blockchain casinos, it is clear that these casinos are on the rise. In the first quarter of 2019 alone, there was $1 billion of TRON cryptocurrency gambled online. This is a lot of cash and it shows that players are not afraid to try out this new type of casino when it comes to spending their own cash.

Research also suggests that this income came from over 432,000 users which are a lot more people than it would have been in the past when this technology was first invented.

Of course, it is also important to note that the online casino industry is growing at the same time as the popularity of blockchain casinos. It is expected that the online casino industry will earn more than $50 billion this year which is a lot of cash.

With more people playing online in general and the technology improving so much – it is expected that blockchain casinos will become even more popular as time goes on.

Final Verdict

It is clear that blockchain casinos have been on the rise for a while now and they don’t plan on stopping any time soon. As the technology gets more advanced and players can be sure that their details are going to be kept safe, these casinos are set to become even more popular.

On top of this, online casino regulators can rely on technology when it comes to ensuring casino operators are sticking to the regulations. Look out for the rise of blockchain casinos as time goes on and more casino operators start to make the switch to this technology.

We expect more payments being allowed in Bitcoin form as well as the other cryptocurrencies that are gaining a bit of momentum right now.

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