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Matthew Dickson
Co Founder at BitBoss Corporation
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CoinGeek London Conference 2020
February 20, 2020, London, UK
CoinGeek London Conference 2020
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Matthew Dickson of BitBoss discusses online gambling with Bitcoin SV
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About the talk

Topic: FinTech

The online gaming platform runs strictly on the Bitcoin SV network, allowing better transparency and provability.

Subscribe to the CoinGeek channel to watch more CoinGeek videos on Bitcoin and blockchain. https://www.youtube.com/coingeek

⏰ Time Stamps ⏰

00:00 - Matthew Dickson Presentation

5:25 - Crypto Collab Michael Lee Video

8:39 - Simon Eaton Video

13:09 - Matthew Dickson Interview

=========================================================================

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==========================================================================

Get more information about Bitcoin SV today! https://bitcoinsv.com/

Buy BSV using your credit card. https://buybsv.com/

===========================================================================

#MattewDickson

#BitBoss

#CoinGeekLondon

About speakers

Matthew Dickson
Co Founder at BitBoss Corporation
Michael Lee
Chief Strategy Officer (CSO) at The Key Dot Company
Simon Eaton
CEO

Founder of multiple gaming companies including Integrity Gaming Corp, which was acquired by PlayAGS for $49M. Lead plaintiff in ground breaking antitrust case stemming from a patent abuse case against Scientific Games Corp. Awarded a jury verdict of $315M; case settled for $151.5M.

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Hello everybody. A great crowd. Thanks for sticking around. So late in the day, my name is Matthew Dixon on the CEO. Co-founder of a company named Applause out of Denver, Colorado, we build real-money gaming platforms. I just give you a brief overview of my presentation today. Going to break down into four parts. First part, I'm going to go over exactly how a transaction Works gaming. Transaction works on the bsv blockchain, you little technical but it will allow me to cycle back into my next two topics

content creators and Affiliates in the benefits to the content creators and Affiliates on The BFG blockchain. And then finally, I'll just show you a demo of our products working real time on the bsp chain. So it's all pretty simple. We have mobile mobile games in our wallet. We're going to do a slot game just for presentation here. Player goes into the mobile wallet opens up the slot decides to make a bet. The game is tightly integrated with our wallet that we have some apis for gaming that we're going to be releasing. A player

makes up makes a bet the wallet receives the transaction and formulates. The transaction includes the bed amount of pets details, announcement output, outputs on bsv, are really important to us. Change unconfirmed transactions, allow us to gamble in real-time using the men pool without worry about block times. The wallet, then sends a transaction to the SV V server. And the SV server then, broadcast that transaction into the mempool on the on the bsp chain. So we have

something called slots Moore, contracted to service its watching the men pull in real time. It sees the transaction broadcast to it and picks it up. And then this is kind of where things get interesting are slot. Smart contract, actually creates the random number and we do this so that we can prove to the flyer that they're getting a fair deal. We have improved Fair method and that allows us to control that and prove to the player that they're they're getting what they supposed to get. We send a random number in a transaction ID to the provider of the content. So,

in this case, it's a slot machine and all we need the content provider to do is host a math model. It's very simple, Excel spreadsheet. Kind of service. The random number goes into it. The result comes out and Slot. Now it's model passes. The results back to our smart smart contract. So then what happens? Our slot smart contract, then creates a transaction bsv transaction. And because of the way bsv works, we can now pay all the people are supposed to get

paid. So we pay the affiliate, the Affiliates for the people that bring people into. The online site to gamble or into the app they get paid Thirty 35% of the revenue of a player we either pay the play or spend at dust transactions saying that they lost and we pay the content creator so it's slot. Content content creator may be entitled to say 6% of The Gaming revenue from that flare and then we also send a small transaction fee to the platform provider Wichita So now the SPV service watching the chain, it picks up the transaction,

it passes, the transactions, the wallet, and then the wallet passes results, back to the game itself where we display, whether it's a winning better, a losing bet. And that's just simply how a transaction works on the PS3 Network. So now, we're going to cycle back to the benefits of using bsv, to run a gaming platform, and one of the main benefits is for Content creators. So, What happens typically is a content creator, can't trust the centralized gaming server so they have to run a lot of their own Services. They have to talk

back and forth to the central server. Get balances lockup balances perform. All the all the the math model in the RNG and all the other different stuff. We simplify that text back to them. They also get to keep their Mass model proprietary. So a lot of these games, they seem simple but there's a lot going on behind the scenes. They have total visibility in two transactions on the chain and we set up our system to pay their fees instantaneously. So as soon as a player hits Spin and the result comes back, the content creator gets paid real time.

So now we're just going to watch the simple video from Mike Lee. It's still early days between our companies but we're talkin about integrating a lot of his flock content into our platform so we're going to watch a small video from Mike. My name is Mikey and I'm Chief Innovation officer at Genesis game. A premium content. I'm involved in setting the company's overall, strategic plan, but Mighty responsibility, lies in exploring for creating a developing competitive

Advantage for my company. Computer scientist at heart. Blockchain is an interesting challenging and exciting, technology that drive my car. I'm really interested in the fundamental changes that block the attack and bring to my company's our history and Society for that matter. One thing that's very important for me is efficiency. I constantly look for new ways without any difficulties in my business watching transparency, open the range of areas in my current business processes. Where I can see the transactions with my supplier. Two transactions, with my

customers effective, transparency, to the rest of the transactions, to facilitate commercial relationship in an automatic and efficient way. Removing a lot of my current administrators and manual for a good question. I don't know yet. We're still in the dating stage. However I just say that what I've seen so far in the discussions we've had is it's not going to be a walk in the park. We're going to have to use this to everything and our system to the boxing platform. It isn't rocket

science either especially with Pit Boss. Any game producer that will follow up on the platform, will have a much easier time, want to set the path. Ernest, independent adjudicator, seein as getting paid instantly. We're just starting our discussions now Pit Boss but the business model that they shared with me is very unique, I'm very happy to work with this team who has a crack in it and I can't wait to have Bitcoin D, Wade. Alright, thanks Mike. Okay, he's watching life. So the next kind of topic of next benefit of working on a, a b s Vives platform

is for the affiliate, like I said, the Affiliates get paid. Thirty 35% of the revenue of player for funneling the player into the system and typically they have zero visibility so the main benefit is Affiliates can see in real-time. Every bet that's happening for players that they referred into the system and they get paid instantly to Mane concept, but those concepts for people that have never been able to see exactly what they are. Owed are huge. So briefly, Simon beans and no to speaker in a Philly can tell him. He's working with us to set up our program.

Just another brief video from Simon here. I'll try that again. Hi, my name is sine missione, I'll be working, the big, boss, and building, and crane that fell apart and will be using the PSP Network for this evening as well as Malta. And now, here in the Philippines, I'm super excited to be working on this project because I believe how Crips her as in particular blockchain and she is going to make you feel emotion. More transparent Phillip Phillips and this is the one thing.

How do you trust the Stars? How do you trust the data? And I think the ESPYs going to get around that problem, I never fucking music. Please do not get paid me today to go to work Thursday at the pool because some of them just pay on net, losses up there yesterday, Pony. When the house makes money to save the winning players, they simply don't learn. And the way home is, every single bet that go into the house, they mouth be three. Volume 5% of every batch of. The

money goes to the house set to work on, and it's important to the Stream. So this is really, really exciting times and it's helpful as amazing as bad but this is why I believe I would like to listen to me guys. Out of court, have me on board the papers project. Okay, so now I'll just briefly show you some of the games work in real time here, unless we have her wallet we keep it simple. The deposit and cash out buns or made for another product of ours. We have a device that integrates in the slot machines replaces the ticketing system, we use bsv for that as

well. And on the right just kind of an example of how the games would show up. So here we have our wallet and our wallet is going to launch into Bar Chinese Lottery. Making some simple beds. These bets are happening. Real-time being placed into the men pool with a lottery. We don't process the transactions immediately. Obviously, you have to wait for a drawing somewhere, but this is just an example of the integration into a crypto wallet, and this is why we think this is the future. We saw a lot of wallet

companies here today, talking about apis and Integrations into their wallets. In this is this is how it works. So, That's the history screen. And I think we're going to launch into the baccarat game here in a minute. So we're proud of baccarat. We just released it. And swipe swipe over, click on baccarat. Give it a second to boot up and here it is. Play Sing few bets here. You can actually do that in real life. Place a bet on the back or in the player. This is all happening in real time in the temple. Were not

worried about block times whatsoever because of the nature of how bsv works. Any player is paid out. And now we're going to go into the history screen. We're going to click on that hand. Brad click on the provably fair button down below the cards in a second here. And we're going to link to what's on Chene. And here's the actual transaction that just happened. We're going to click on the script. I'm going to look at the Opry turn and because of ESV in their large off return. We can do a lot. We're going to copy this soon and paste it, and there you go.

That was what was embedded in the Opera turn of that transaction. You can see that the bank for one and all the data is going to match up with exactly what we showed in the history screen. So that's that's her products. And I'm over my time. So I'm going to get off the stage. Fight at time of Jackson. Hey with coin geek.com and I met with Matthew. Dixon it from Pit Boss lovely old since you lost a child about baseball. Our making really great progress with their platform. In our Hardware device were about to roll out the hardware. It's almost complete. And the gaming

platform is of all nicely online, gambling, in general, really, I think Genesis is going to allow massive scalability of gaming Platforms. In particular to us, we are actively working to create a Sportsbook on VSP now. And I think they're going to be able to store all the data in real-time for a very efficient cost. It was always one of our worries but I think Genesis removes that worried with any business. You got you say have pain points pitbulls what some of the challenges he faced I mean, we, we were

worried potentially about transaction cost. I think that's also been eliminated. The miners are doing wonderful, things to help us fix the cost of transactions, the speed and scalability are improving everyday, and I think that's going to be a great platform for online gaming. What about that? Boston meeting into the future, won't do you see on the horizon? And it's very exciting. You can last night. I mean, I think she's very soon. I think there's more and more content that's going to be coming on to her platform. We've tried really hard to get high-quality content to kind of kick-start.

The process were about to roll out a roulette game within days and we have Keno coming on. We have lots of slot machines coming on. It will look like a very mature online gaming platform very soon. Thank you very much. Thank you.

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