Faireum is a public blockchain with a set of protocols, which focuses on the gambling industry and provides a decentralized, low cost, transparent, and secure betting and gambling experience. Faireum uses its own native currency and smart game contract to guarantee a superb and premium betting experience and services in lotteries, sports betting, casino games and other digital games to users.
Faireum releases a smart client based on the set of protocols for the creation of a trustful, borderless, secure, and fast online gambling network that benefits all.
To achieve this, Faireum uses its token and game contract to guarantee users a premium betting experience and superb services across lottery, horse-betting, sports-betting, casino games, digital games and countless more.
Faireum has developed a competitive public blockchain based on the best practices of Bitcoin, Ethereum and Hyperledger. The consensus algorithm adopted from the Byzantine fault tolerance based delegated proof of stake (BFT-DPos) assures the verification of transactions on the Faireum Blockchain as well as its performance.
The protocol we are working on is a set of the standards used for gambling DApp on the Faireum Blockchain. It is also compatible with all of the WASM blockchain contracts written by a high-level programming language and implements Faireum protocols. The first version will be released at the end of 2019. It will keep on evolving together with the Faireum ecology, and will be the key component to bring a next-generation, unbeatable gaming experience to the user.
Our mission is to enable the next generation of many-to-many gambling and betting applications. By building on top of existing blockchains, our applications will be able to be deployed in a peer-to-peer environment, with complete fairness, transparency, and visibility. We believe Faireum is revolutionary and will change everyone's expectations of how fair and fast applications and gaming can be.
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