Introduction: The Role of Smart Contracts in Greek Gambling
The gambling industry in Greece has undergone significant changes with the rise of blockchain technology and decentralized finance (DeFi). Among the most impactful innovations is the use of smart contracts, which are self-executing agreements stored on a blockchain. These contracts ensure fair play by eliminating human interference, making transactions transparent, and guaranteeing automatic payouts.
For platforms like Stake, which leverage blockchain for online betting, smart contracts are a game-changer. They provide a secure and trustworthy environment for players, ensuring that casinos adhere to predefined rules without manipulation. But how exactly do smart contracts achieve this, and what implications does this have for gambling in Greece?