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Title: The importance of blockchain including cryptocurrencies to the further development of the remote gaming industry
Authors: Mifsud, Zachary
Keywords: Blockchains (Databases) -- Malta
Cryptocurrencies -- Malta
Internet gambling -- Malta
Gambling -- Law and legislation -- Malta
Issue Date: 2018
Citation: Mifsud, Z. (2018). The importance of blockchain including cryptocurrencies to the further development of the remote gaming industry (Bachelor's dissertation).
Abstract: This paper is placed within the context of the emergent political and sociological critiques of the implementation of blockchain technologies and its derivatives in the remote gaming industry. Such critiques have engaged in debates with respect to the legal implications that such technology might have on the remote gaming industry. Given the amount of scrutiny and general interest in the adoption of blockchain technology, regulators have shown the need to explore the possibilities of creating a legal framework. Given how profitable the remote gaming industry is, the creation of frameworks to regulate the adoption of blockchain technology and its derivatives is vital for the protection of internal and external stakeholders. The first chapter of this academic paper will give a thorough introduction to blockchain. Additionally, a study will be presented showing the multiple uses of blockchain technology– such as in public service sectors, financial sectors and lastly the gaming sector. The methodology and literature review will be briefly discussed within the second chapter. Furthermore, the third chapter will examine the various legal risks and challenges that blockchain and cryptocurrency technologies will present to regulators and remote gaming operators. The fourth chapter will discuss the developments and benefits of utilising blockchain and cryptocurrency technology in the context of the remote gaming industry. Particular focus will be given to the legal benefits derived from such technologies. However, an inter-disciplinary sub chapter regarding the financial benefit(s) of these technologies in the remote gaming industry will be presented. A comparative review of the current and proposed regulatory frameworks will be presented within the fifth chapter. Moreover, reference will be made to the opinions given by the MGA on the adoption of these technologies. Lastly, the sixth chapter will seek to conclude the term paper.
Description: LL.B
Appears in Collections:Dissertations - FacLaw - 2018
Dissertations - FacLawMCT - 2018

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