Bitcoin Foundation Executive Director Jon Matonis will headline the inaugural session of the Bitcoin4iGaming Conference, which is scheduled to be held next month.
The iGaming Business is organizing this event with the intention of giving representatives of the bitcoin gaming industry a chance to discuss in depth the major issues executives of online gambling companies should take into consideration while assessing the possibilities of accepting bitcoin payments at online gambling sites.
The conference has the support of several organizations, including the Bitcoin Foundation, which was launched in 2012. This foundation is the world’s first non-profit, member-driven trade association that aims to standardize, protect, develop, and promote the use of bitcoin.
During the inaugural session of the conference, Matonis will discuss the theme of exploring the various opportunities presented by digital currencies in general and bitcoin in particular and of educating those associated with the igaming industry. In a brief overview of the digital currency, Matonis will discuss the various advantages of using bitcoin for gambling purposes besides exploring various regulations related to bitcoin use and how igaming businesses can successfully use the digital currency.
Matonis said: “The igaming industry is on the cutting edge of adopting new financial technology for frictionless, international transactions. Our role in educating industry leaders and helping to navigate the Bitcoin ecosystem will result in best practices that could also be applied in advancing global financial inclusion and reducing the high cost of remittances.”
Shona O’Donnel, who heads operations at iGaming Business, said that, when the company announced the event, they were aware that the Bitcoin Foundation would play an important role in informing and educating representatives of the iGaming industry. O’Donnell added that the foundation has already played a role in the education of regulatory bodies, policy makers, and business executives related to various sectors.
O’Donnell further said that the aim of the conference is to create an opportunity for members of the bitcoin and iGaming communities to meet, interact, learn, network, and sign business deals.
The event will be held at London’s Dexter House on November 24, and the organizers expect over 250 delegates related to the investment, bitcoin, and online gambling sectors to take part in it. These groups will be brought together for the first time.
In addition to various sessions, the event will include an exhibition dedicated to bitcoin providers, a bitcoin breakfast boot camp, and networking events.