Blockchain for Football betting – Benicoin Is Your Answer

Blockchain for Football betting – Benicoin Is Your Answer

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February 15, 2018 Blockchain Magazine
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Football betting has most certainly been an integral part of sports fandom and culture. While people would invest their time and energy hoping to win some cash by predicting the course of a match, some have won extravagant money; the internet revolution has made it possible to generate astounding returns from this domain. This has
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Football betting has most certainly been an integral part of sports fandom and culture. While people would invest their time and energy hoping to win some cash by predicting the course of a match, some have won extravagant money; the internet revolution has made it possible to generate astounding returns from this domain. This has led to more people signing up for a betting spree and the net revenue of the sports industry now stands at almost 1 trillion annually. This includes both legal and illegal markets and the figure is only expected to rise.

Benicoin

Technology has made it easier for the football betting industry to prosper. Moreover, applications like blockchain have only made it a smoother ride. Another new revolutionary business model known as Benicoin has not only increased the accessibility of football betting, but has also made it faster and more efficient. Moreover, you can now bet from any corner of the world and there are no organizations rallying up to monopolize the betting market. Also, there is so much more transparency along with an affordable betting fee and great speed.

While blockchain enhances the security and efficiency of betting, Benicoin in turn has devised an exemplary way to carry out your digital money transactions and is even on the way to turn into a digital currency just like bitcoin. When we move from conventional payments to Benicoin, there are so many advantages. A lower processing fee, zero maintenance and device warranty costs, and lesser time consuming processes, you get it all!

Moreover, there are so many ways how Benicoin and blockchain technology make modern life much easier. The way Benicoin works is similar to any digital currency but the catch here is that Benicoin is much more user friendly, advanced and sophisticated. Moreover, it is compatible with all technological requirements and can find use in any public domain, from hospitals to business establishments and educational institutions, everywhere! Here are some aspects of Benicoin that make it all the more exciting especially for a lucrative industry like online football betting.

  • Use of tamper proof fraud proof blockchain technology
  • Decentralization which means no monopoly from organizations
  • Peer-to-peer network
  • Anonymous
  • No involvement of the government or any organization.

Unlike conventional currency, you can actually make transactions across varied geographical regions and be assured of the security too. Benicoin’s peer to peer transfer is user friendly, hack proof, easy to use and the most authorized way to conduct an instant cross border transaction.

No time limits, no restrictions, you will not just be able to sell products and services but you can also transfer money instantaneously to your family and close ones quickly, with low processing costs and a system that allows you to link your debit cards with your smartphones. Talk about accessibility!

BENICOIN has a Wallet system which offers 3 different pathways:

  • Desktop wallet compatible with Window, Linux, Mac
  • Web wallet available on benicoin.io
  • Mobile wallet compatible with Android App, iOS App

What makes Benicoin so special?

From providing speed as fast as that of the light which ensures a confirmation within mere seconds, to its exceptionally low processing fees, to an unfaltering guarantee of data integrity and privacy, all has been attributed to the blockchain technology which makes sure that none of your data is leaked.

You can also protect your account from security breaches. And in the near future, Benicoin is expected to be one of the most useful cryptocurrencies.

Blockchain Magazine is an independent platform mainly focused on news and stories related to blockchain and other decentralized technologies. We are committed to deliver and present a reliable and true picture of blockchain framework.

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