As blockchain technology spreads continually into new industries and practices, it’s becoming clear that game developers don’t want to miss out. We’re beginning to see fairly regular stories about the potential for various types of gaming involving the blockchain, and while most of it remains theoretical at this stage, there are some innovations that have either already been put in place or which appear to be well on their way.
Some related companies in Canada, in particular, appear to be showing significant potential in this space. Through several recent partnerships and a host of opportunities in video gaming, casino gaming, and even eSports, the country is positioning itself to lead the way in blockchain gaming. Here, we’re looking at a few of the examples that will be part of this effort.
Ubisoft is a massive game developer, responsible for games like Just Dance, Far Cry, and the ever-popular Assassin’s Creed. The company is headquartered in France, but has major development hubs in Canada, and more specifically in Montréal, Toronto, and Halifax. Recently, Ubisoft has partnered with blockchain developer Ultra for various future innovations, including wider audiences and faster, more secure payments. The two companies appear to hope that through their partnership, they’ll be able to break up video gaming monopolies and embrace normal functions that other industries outside of video gaming have already normalized. And the plan is to achieve all these goals through blockchain.
Potential In Canada’s Online Casinos
In addition to ordinary video games and developers, there is a vast network of online casinos in Canada. In fact, Canada’s sites host several of the world’s most popular digital casino games – the best of which are fully licensed, vetted, and certified for fair play, and thus able to support real-money gambling deposits in a trustworthy manner. Beyond these various assurances though, one of the reasons these games are able to thrive throughout the country and help to lead the way in worldwide casino gaming is that they place great importance on offering players multiple ways to deposit and withdraw cash efficiently and securely.
Right now, this primarily means that these Canadian casino sites accommodate services like PayPal, Skrill, and various card processors. However, with PayPal publicly working its way toward some form of blockchain implementation, Skrill already dealing with cryptocurrencies, and some smaller online casino platforms having experimented directly with blockchain technology, this whole industry is poised to get in on the action. Offering blockchain transactions and crypto deposits would only further the efforts these casino sites already make toward quickness and security – which would lead some to say that these developments are inevitable.
The eSports Angle
The rising tide of eSports more or less comprises its own industry at this point, but it’s still built onto the world of gaming, and it’s another space in which developments in Canada are at the forefront of blockchain innovation. Specifically, Canada’s Ubique Networks is already helping to develop blockchain-based eSports networks. It’s actually doing so through a partnership with SLT (Sri Lankan Telecom), but the two companies could help to nudge eSports further into the future together.
Essentially, Unique Networks and SLT are looking to use blockchain technology to create a decentralized gaming platform. The platform will allow gamers and official eSports competitors alike to compete against one another on this platform from all over the world, with zero lag or latency. For certain games, the platform is also intended to allow gamers to share in-game resources via peer-to-peer transactions (which is typically one of the leading concepts when blockchain adaptation of mainstream video games is discussed).
These examples cover a number of different portions of the gaming industry, as well as various theoretical uses for blockchain and cryptocurrency technology. Altogether though, they show that Canada’s busy and innovative gaming industry has lined itself up to be at the forefront of what could ultimately become some of the biggest changes in gaming in quite some time.
Lisa Carter is a freelance writer and blog contributor. She writes primarily about technology, finance, and current events.