The Blockchain Gaming Platform By HashCash Ushers In A New Wave Of Tradable Tokens

SAN FRANCISCO, Feb. 26, 2019 /PRNewswire-PRWeb/ -- As people are spending more hours of their life on the internet, one of its primary purposes – to entertain – had to merge with a necessity on which our survival depends. Making money. The California-based software development company, HashCash Consultants, renowned for providing blockchain based financial solutions to national and international banks and corporate houses has done just that. Recognizing the massive promise of returns from the untapped 135 billion dollars worth video games industry, HashCash has launched its blockchain gaming platform. The idea behind the initiative is to amplify the profitability of investing in video games and its related features by merging finance with entertainment.

How does HashCash achieve this?

Gamers have been at the forefront of technology users. Therefore, the functionality of digital currencies is something they are aware of and are always eager to adopt improvements built on this base. Blockchain, in the most recent past, has stood out as the best tech to make that happen and has taken the use of digital tokens seen in video games to the next level. HashCash creates blockchain platforms and cryptocurrency to operate on those platforms for their clients.

The native digital assets created by HashCash can be used for hassle-free settlement of in-game transactions as well as for trade on cryptocurrency exchange platforms. The blockchain company, as a part of its blockchain services that can be availed by games companies, provides top of the line white label cryptocurrency exchange platforms. Currently, they are the largest provider of such a product globally.

Benefits of the blockchain gaming platform by HashCash:

The best of tokenization by HashCash for trade and transaction can be experienced in different stages. Let's consider creating or integrating the gaming token with blockchain first. A team of experts develops a native digital asset or integrates a pre-existing ERC token to a blockchain network designed by them for the games company. The client can opt to create a new root account or integrate the contract's owner account with the blockchain wallet, and make an initial deposit of tokens in it. Easy to use APIs can be employed to send and receive tokens.

Next comes the ease with which a games company can set up a high-end gaming exchange offered by HashCash. The tokens on this exchange can be paired with leading cryptocurrencies and Fiat currency to trade. The exchange is complete with features like Market, Limit, Stop Orders, Margin for placing orders and increasing the volume of trade. A part of the set up is the Admin Console with multiple access control levels to manage gamers, developers and other stakeholders.

Few other areas covered by the white label crypto exchange is an Admin Panel for managing and creating trading pairs, setting up reward modules for gamers, and integrating the exchange with the gaming platform.

HashCash has orchestrated successful initial coin offerings notable ventures since it began to offer its ICO services, which is now available to games companies as well. Collaboration with this blockchain company can enable integration of a web-wallet with a blockchain wallet for coin distribution, and creation of referrals and promotional programs for ICO distribution. Assistance in the dissemination of tokens to ICO participants and in listing tokens in leading and affiliate exchanges is also provided by HashCash.

Blockchain and Gaming:

Blockchain is in its early stages in the games sector and this is most evident in the fact that many people are still confused about how the cryptocurrency they purchase on an exchange is connected to in-game value. On the other hand, the gaming community itself is bubbling with excitement about blockchain technology and the prospect of it revolutionizing the gaming experience like never before.

Raj Chowdhury, MD of HashCash Consultants, in a comment about the innovation's current role in gaming said,

"With its properties of decentralization, immutability, scalability, transparency, and security, it has brought the world a step closer to realizing the dream of a gaming multiverse. Its appeal is visibly enhanced by the introduction of cryptocurrency which takes the concept of digital money outside the bounds of just fun and games and straight into the grown-up world of trade exchange."

The confluence of the two – fun and finance – has readied the games sector as one that will make a permanent place for blockchain.

About HashCash Consultants:

HashCash Consultants started as a Blockchain Consulting Company in California. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using HashCash Blockchain network, HC NET. Financial Institutions use HC NET for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash also runs the US-based cryptocurrency exchange, PayBito and the leading Cryptocurrency payment processor, BillBitcoins. HashCash offers cryptocurrency exchange and payment processor white label solutions, comprehensive ICO services and customized use case design and development. HashCash propels advancement in the field of blockchain through the Blockchain1o1 program and its investment arm Satoshi Angels.

SOURCE Hashcash Consultants