Blockchain technology is gaining popularity not only in the financial sector with its breakthrough cryptocurrency but is diversifying omnidirectional. The key features of blockchain-like decentralization which excludes the need of intermediary while facilitating the peer-to-peer transaction of payment, immutability which prohibits the data alteration and the transparency of network due to the record of the transaction being maintained on a distributed ledger, captivating the interest of various sectors to overcome the challenges faced by the community. One of the budding industries of gaming trying to revolutionize the experience of the players by deploying blockchain technology in their network. Particularly, Esports or electronic sports or umbrella term for video games competition is utilizing the blockchain networks to overcome the hurdles being faced to reach enthusiasts all across the world. Let us try to understand the implications of blockchain for Esports gaming.
Esports: Quick Overview | Blockchain For Esports Gaming
One of the constant growing sectors among the video games lovers is that of esports gaming. In simpler terms, it is an online competition of video games (played by anyone with upgraded systems!). Gamers can compete for one-on-one or in teams, winners are rewarded heavily and their prospects in the esports industry pace up. Some of the trendy games are Defence of Ancients 2 (Dota 2), Counter-Strike: Global Offensive, League of Legends, Heroes of the Storm, and Call of Duty: Infinite Warfare.