What is CasinoCoin (CSC)?
CasinoCoin (CSC) is a digital currency on the XRP Ledger (XRPL), developed specifically for the regulated gaming industry.
CasinoCoin takes advantage of the XRP Ledger’s superior speed, scale and efficiency, allowing it access to many of the bank-friendly features it has to offer, while still being able to further develop the technology for use cases in the regulated gaming space.
Running on the XRPL as an issued token, CasinoCoin can facilitate up to 1,500 peer-to-peer transfers per second, with near-instant confirmation.
CasinoCoin is founded on an ethos of compliance and consumer protection first, and is developing a gaming environment worthy of the world’s top regulated gaming jurisdictions.
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers. The network is the home to the digital asset XRP, and contains features that allow it to serve as a mechanism to settle payments in real-time, worldwide.
The XRP Ledger is built for enterprise use, and it’s digital asset XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border transactions. Financial institutions worldwide adopt the XRP Ledger technology for efficient cross-border transactions.
The XRPL prioritises speed, security and scalability above all. It facilitates transactions with near-instant confirmation. As demand and volume increases, so will the scale and efficiency of the XRPL.
CasinoCoin is an issued token on the XRPL; the functional blockchain of choice for the financial services industry. Proprietary AML capabilities offer regulators unprecedented access to transactional history, including verified identities and complete coin flow.
The advantage of regulation is well documented, and arguably a necessity for most of the industry. Licensed casinos in these markets can offer more options for players, increased demand for suppliers and operators, leading to a better standard and choice of games and slots for the consumer.