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GSA created a new Blockchain Committee...

GSA created a new Blockchain Committee

Published on February 14, 2018

While commemorating its 20th anniversary at the ICE Totally Gaming 2018, the Gaming Standards Association (GSA) and the Gaming Standards Association Europe promulgated the birthing of a new Technical Committee devoted to blockchain use. Blockchain technology is poised to revolutionise data sharing and security and holds the potential to provide unparalleled levels of transparency to the regulatory authorities. GSA’s new Blockchain Technical Committee will collaboratively address the technology and advise on possible areas where standards could be fostered.

The GSA President Peter DeRaedt said: “GSA was created to help drive innovation in the gaming industry for the benefit of manufacturers, suppliers, operators and regulators. By creating a new Blockchain Committee, we are once again proving how, by creating a standard way to use technology, GSA is achieving our mission.”

While GSA Europe Managing Director, Mark Pace stated: “Many industries are evaluating how the blockchain technology can enhance data sharing security and increase operational transparency. GSA will launch this new committee and evaluate the creation of a gaming industry standard. This is very timely and may have a significant impact on how companies can achieve GDPR and AML requirements.”

GSA standards are created through a collaboration between volunteer representatives of its members. Over the past 20 years, more than 1,600 volunteers from more than 190 companies have contributed their expertise to create 15 GSA standards in nine committees. GSA’s award-winning standards are in use around the world, driving the industry to innovation and growth.

GSA was born out of a globally recognized need to streamline processes and create standards that would spur growth, innovation and revenue. Gaming manufacturers, suppliers, operators and regulators have benefited from GSA’s mission to facilitate the identification, definition, development, promotion and implementation of standards to enable interoperability, innovation, education and communication for the benefit of the entire industry.