The application of distributed ledger technology in online poker operations

Abstract

Distributed Ledger Technology has brought about a change in the way we can transact. The technology provides us with dynamic benefits since it is a powerful encrypted ledger system that has the ability to be applied to any type of transaction. Poker is a card game that originated in the 1820s in the United States. With the establishment of the World Series of Poker in the 1970s, the game gained popularity. It became popular due to the efforts of professional and fortunate players. Online poker is a variation of the poker game that is played over the Internet. It contributed to a massive growth in the number of poker players worldwide. Numerous countries have legalised and regulated online poker. Typically, online poker clubs function via their own piece of software. The research project will focus on how to use distributed ledger technology in online poker operations and an analysis of how this can be implemented as applied by the regulations established by the authorities in Malta.