3 minute read
PASSING THE TORCH ةلعشلا ميلست
from SiGMA Issue 17
by SiGMA Group
In this article, Founder and CEO of Wikibet Oliver De Bono speaks about how emerging technology was ushering a new age for online gaming and WikiBet’s place in the iGaming ecosystem to come.
With 17 years in the industry under his belt, De Bono has learnt how to recognize subtle trends that end up dominating the next generation of the sector as we know it. With this in mind, WikiBet seeks to become a pillar of this next generation by incorporating frontier technology to create a genuinely unique experience for their users.
We live in an age of innovation where entire industries are overhauled in the span of mere decades with both the IT and gaming sectors being premier examples of disruptor industries; fields who, by their very nature, are extremely liable towards being completely restructured by the advent of new and more advanced technologies. Areas such as Artificial Intelligence, Big Data, IoT and Blockchain technologies are all spearheading an economic ecosystem completely novel to anything we’ve seen before. When we combine these two aspects, iGaming’s inherent disruptiveness and the emergence of new technologies, we can see how a paradigm shift in how gaming works is on the horizon.
AREAS SUCH AS ARTIFICIAL INTELLIGENCE, BIG DATA, IOT AND BLOCKCHAIN TECHNOLOGIES ARE ALL SPEARHEADING AN ECONOMIC ECOSYSTEM COMPLETELY NOVEL TO ANYTHING WE’VE SEEN BEFORE.
This being said, we can see a degree of stagnation in the industry especially when it comes to their IT infrastructures. With the largest firms still reliant on legacy systems because of inertia, the floor is open for newer ventures to spearhead a new generation of online gambling.
This is where the true potential of emerging technology can be unlocked. Underpinning the venture is a cloud-based, high performance and scalable gaming platform based on Apache Ignite, one of the top 5 projects of the Apache Software Foundation. Providing a distributed in-memory data-grid and computational cluster with in-memory speed and massive scalability, the data cluster is structured in a way that provides both redundancy and efficiency. Next to the data cluster, a layer of microservices fulfils a suite of the necessary tasks required to run state-of-the-art gambling systems.
The system has no single point of failure as it is prepared to handle that one or multiple nodes. The level of fault tolerance can be easily controlled by the scaling rules that result in an incredible level of scale with several layers of redundancy.
By providing a strong technical platform in terms of performance, scalability and reliability, this system will enable new real-time features for casinos that are completely novel to the current iGaming ecosystem with Apache Ignite being a vital pillar for this venture. This is to say nothing of the plans we have in place to introduce AI and Data processing to further refine this already cutting edge system.
A good casino experience lives and dies on UI and we take the potential experience of our clients as a crucial pillar of our future success. An immersive experience is at the core of WikiBet through a clean and modern UI. User interfaces are another stagnant area in iGaming that is heavily due for a strong disruption due to the fact that many online casinos again rely on legacy systems that are past their time. We live in the age of new UI in the Netflix era of online consumption. I fully believe that the Netflix model is the future of gaming since it allows a huge user base to benefit from an immersive experience in a way that flows.
This brings me to my last point, the Crypto Revolution and the iGaming industry. Through crypto, we can access a massive clientbase while tackling the ever-present payment bottleneck that has hounded the gambling industry as a whole from practically Day 1. What is the most significant aspect of this change is that the iGaming industry is in the midst of a number of revolutions in the sectors that underpin it with FinTech and DeFi being the prime examples.
This could be the first step in a paradigm shift for the industry as a whole and WikiBet has the potential to spearhead this new era of iGaming, using the latest in emerging technologies to build an as of yet unsurpassed experience for an ever-growing user base through a much more efficient, secure and scalable infrastructure.
WE CAN SEE A DEGREE OF STAGNATION IN THE INDUSTRY ESPECIALLY WHEN IT COMES TO THEIR IT INFRASTRUCTURES. WITH THE LARGEST FIRMS STILL RELIANT ON LEGACY SYSTEMS BECAUSE OF INERTIA, THE FLOOR IS OPEN FOR NEWER VENTURES TO SPEARHEAD A NEW GENERATION OF ONLINE GAMBLING.
A GOOD CASINO EXPERIENCE LIVES AND DIES ON UI AND WE TAKE THE POTENTIAL EXPERIENCE OF OUR CLIENTS AS A CRUCIAL PILLAR OF OUR FUTURE SUCCESS.