Roulette wheel manufacturer Cammegh has completed the first phase of its plan to integrate blockchain technology into its internal systems.
As of now, all service and maintenance schedules as well as associated payments are held on the CasinoCoin blockchain, with payment utilising the Cammegh Token. Additionally, all wheels distributed from this point onwards will be integrated with this technology.
Operators will benefit from improved data verification and fraud protection as a result of the integration. The news follows the announcement earlier this year of a landmark agreement between Cammegh and the CasinoCoin Foundation to launch the bespoke Cammegh Token and leverage CasinoCoin’s blockchain technology to immutably transmit data from every spin of activated Cammegh wheels.
Richard Cammegh, managing director of Cammegh, said: “This is a first step but a crucial one. As with all successful blockchain projects, having a valid user case is key.
“The blockchain could not be a better vehicle to service the gaming industry’s need for ever more accountability and traceability, while enabling Cammegh to supply our customers with more diverse products in a global market, across varied jurisdictions in differing currencies.
“We are fortunate to have teamed up with the CasinoCoin Foundation whose blockchain technology and global understanding of the gaming industry will help deliver the products and a level of service the industry and regulators will demand in the future.”