When we say blockchain baccarat game development, what do you think of? An online Baccarat card game that offers the facility of making deposits and withdrawals using a variety of cryptocurrencies.
Blockchain has become the most promising technology in the recent few years. In light of this growth, the use of blockchain technology is becoming more prevalent in the development of online casinos and baccarat games in the future.
Statista estimates that the global blockchain technology market will grow by over 60% by 2025, with the size of the market crossing the mark of 39 billion dollars.
Image Credit: Statista.com
This lead will help blockchain baccarat games to make huge profits. blockchain technology’s future growth may be influenced by many factors, including the legalization of online gambling and blockchain in all parts of the world.
In response to the growing interest in crypto baccarat game development, online gambling business owners became confused about whether they should invest in blockchain-based baccarat game development and how to develop a blockchain baccarat game.
Sounds familiar to you? If yes, you’re at the correct place.
Blockchain in Baccarat Game: Story So Far
For those unfamiliar with the blockchain term. It is an open-source distributed network of computers responsible for storing and sharing public ledger transactions.
In context to the Baccarat card game development, blockchain mainly serves two functions. The first one is the integration of various cryptocurrencies in the Baccarat game to allow users to make in-game purchases using cryptocurrencies such as Ethereum, Bitcoin, and so many others. This integration of cryptocurrencies is made possible with the help of non-fungible tokens also known as NFT.
Another use of blockchain technology in the Baccarat game is to securely store the player’s information. For this purpose, blockchain makes use of smart contracts.
The main benefit of integrating blockchain technology is to provide players accountability over every action they perform in the Baccarat game. With the use of blockchain, the operating process of the online Baccarat casino game has become transparent, hence the scope of misleading or cheating is reduced.
In other words, blockchain regulates the online gaming experience and goes a long way to keep players safe from hackers and third parties.
Baccarat game development on the blockchain has come a long way by providing an increasingly secure environment for players.
Top Reasons For Investing in Blockchain Baccarat Game Development
Blockchain technology brings several benefits to the online gambling world as follows:
1. Gross Revenue From Baccarat Game
The ultimate goal of every investment is to make revenue. In this scenario, the Baccarat casino game proves its credentials every year.
As per Statista, the gross revenue from the Baccarat game was recorded at an all-time high in 2019 with a revenue of $120.77 Billion that too alone in Macau.
Image Credit: Statista
The entrance of the Covid affected all major industries and forced physical Baccarat games to shut down their operations. As a result, the gross revenue of the Baccarat game fell to $26.94 billion. However, online Baccarat games remained unaffected by the Covid-19 and recorded significant growth in the year 2020-2021.
Now, as the market is returning to its normal situation, it’s the right time to launch your online Baccarat game, and with the help of blockchain technology you will most likely stand out in the market. Hence, the opportunities for revenue increase will increase.
2. Greater Level of Privacy
The most significant advantage of the blockchain technology integration in the Baccarat game software is that it provides a great level of security to the players. All the transactions that happen on the platform remain untraceable, which means you can make transactions anonymously.
3. Low or No Transaction Fee
With traditional payment methods, there is always a transaction fee that needs to be paid by the player. However, in the case of the blockchain Baccarat game, there are no third parties involved in the payment processing system, so there is no need to pay transaction fees.
4. Genuine Fairness
Trust has always been a great concern with online card games, whether it is Teen Patti, Rummy, Roulette, or Baccarat. Most people don’t trust the algorithms of the online Baccarat game. According to them, these algorithms are designed to eliminate the possibility of players winning. Blockchain technology enables open-source algorithms to detect fraudulent activities and prevent them from occurring.
How To Develop a Blockchain Baccarat Card Game?
Now let’s move ahead and start talking about the question of how to develop the blockchain Baccarat game. Before disclosing the process of blockchain-based Baccarat card game development, it is worth paying attention to the must-have features that you can include in your online Baccarat game.
Features of Blockchain Baccarat Card Game
Admin Dashboard: The admin panel lets the administrator handle the multiple useful activities happening on the application.
Cross-Platform Compatibility: This feature ensures that the playing experience never gets halted because of the player’s choice of devices. Players can enjoy a smooth gaming experience on multiple devices such as Android, iOS, Windows, macOS, and so on.
Use of Smart Contracts: Smart contracts are responsible for carrying out safe and secure transactions protected by encrypted keys.
Players KYC: To keep the platform inaccessible to unauthorized persons, we included the player KYC feature in our blockchain Baccarat software. This feature asks the players to confirm their identity to register themselves on the casino platform.
Real-Time Chats: Real-time chat boosts user engagement with the game and lets the players interact with others in real-time.
Random Number Generator (RNG): A random number generator system helps to build the taste of true fairness and trust in online Baccarat games.
Fiat and Cryptocurrency Payment Module: You can accept deposits and withdrawal requests in all major fiat and cryptocurrencies such as Etherum, Bitcoin, and so on.
Blockchain Baccarat Card Game Development Process:
Here in this section, we will disclose all the steps involved in the blockchain Baccarat casino card game.
The first phase focuses on the collection of information related to the project development. In several rounds of the meeting, game developers and clients discuss the project goal and the scope of work in more detail.
The team of Baccarat game designers works on creating the unique feel and design of the game Baccarat online. The experienced team of game designers at BR Softech will help you develop a user-friendly and multi-device compatibility Baccarat game.
It is the development process that is the foundation of the online casino game of Baccarat. Hence, this process requires the utmost time and attention. This is the stage where all the information collected in the first stage of the development comes into reality.
Testing and Deployment
Following the completion of the development process, a team of quality analysts ensures that the finished game is free of errors and functions as intended. For this purpose, the team of quality analysts performs rigorous testing on the blockchain Baccarat game.
Wrapping Things Up
Now that you have developed a sound knowledge of the top reasons for investing in the blockchain Baccarat game. But still, you might have some questions as every project is different and requires a different approach. This is where BR Softech comes to the rescue.
With more than a decade of experience crafting blockchain platforms as per clients’ needs, BR Softech is one of the leading blockchain game development company in India and the USA.
Book your appointment to discuss your blockchain game development project with us.
BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2010 with over 10+ years of rich experience. An Apex rated IT serving company around the world. Our team of innovative and creative designers deals in web designing, mobile/ software development and other digital marketing services intending to deliver outstanding digital outcomes.