At Coral, we believe in trusted transactions. Coral builds predictive analytics for blockchain payments to prevent phishing fraud and money laundering. Our proprietary algorithms know if a blockchain address is fraudulent even before the fraud has been carried out, and our partner dashboard gives our partners the tools to stop money launderers in their tracks. Because of this unique technology, we are able to build a foundational level of trust into blockchain transactions.
In the gambling world, trusted transactions are paramount, and bad actors are everywhere. Just think about the movies Rounders, Casino, Oceans 11… that’s why Coral and SP8DE are teaming up. SP8DE uses blockchain technology to create distributed randomness and on-chain entropy. Essentially, SP8DE has built a platform for cheater-proof, decentralized gambling applications — Las Vegas 3.0 — and Coral is helping to tighten the security even more.
“By adding Coral’s security protocol to our platform, we are plugging all possible attack vectors,” says Mikhail Vakhrin, SP8DE’s Chief Business Development Officer. “Now, not only will the games inside the casino applications be free from cheaters, all transfers and payouts will likewise be fraud free.”
Gambling is one of the largest blockchain use cases, and in order for gambling platforms to become ubiquitous, they must be fraud free. Coral and SP8DE’s partnership represents a concerted effort by bonafide businesses to support the mainstream adoption of blockchain-based casinos.
Learn more about SP8DE:
Learn more about Coral Protocol: