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This collaboration could open up a variety of uses for blockchain technology in the gaming industry.
iLottoSolutions announces a collaboration for a proof of concept with Chainlink. Chainlink is the industry standard Web3 service platform. iLottoSolutions aims at integrating Chainlink VRF in iLotto’s platform to minimize trust and improve the security of their lottery solutions.
Chainlink is a key technology that has been adopted by many blockchain-based projects. iLottoSolutions enters the world of blockchain technology through Chainlink VRF. iLotto will be able to make its lotteries even more transparent thanks to Chainlink’s random number generator.
Todor Karaivanov is the Market Strategy Manager for Chainlink Labs. He said that they were excited to collaborate with iLottoSolutions on a proof-of concept collaboration in order to enhance their lottery solution. “The partnership will enable the platform’s users to have a more secure and transparent lottery experience while also demonstrating blockchain technology’s vast potential for revolutionizing many industries,” concluded Mr. Karaivanov.
iLotto’s licensed lottery draws can be made fair, transparent and tamper proof with Chainlink oracle technology. Chainlink’s VRF technology provides transparency to the random number generation and ensures that no one can manipulate the results. This makes it easier for iLotto verify the validity of their lottery draws.
Danny Thomas, Founder & CEO of iLottoSolutions said: “The collaboration between iLotto & Chainlink marks a milestone for our lottery platforms.” It shows the application of blockchain technology to traditional systems. This will improve trust and security for all. We believe that the planned integration of VRF will have a huge impact on our industry as a group .”
