Sportsbooks Should Consider CombatIQ Now

Written by:
Aaron Goldstein
Published on:

It's time for online sportsbooks to fully embrace the blockchain, or be left out in the cold.

On Thursday, May 18, 2023, @TimFromCombatIQ is set to discuss how his CombatIQ utilizes block chain technology for dispute resolution and conflict settlement for sports betting.

Founded in Toronto, CombatIQ is the world's first AI-powered combat sports analytics tool for fight promotions, sportsbooks and industry participants.

"From fight promotions to broadcasters, brands to bookmakers, we cater to all their needs. All anchored by what we do best - fast, accurate and reliable official data," the site proclaims.

Tim Malik says "the way we use blockchain comes down to our sports betting clients."

He added: "When we deliver odds to sports betting companies, we actually publish those odds to the blockchain at the same time. 

"And that's how we create an immutable record for dispute resolution, conflict settlement."

Blockchain is what powers bitcoin and other cryptocurrencies.  It provides the structure for dispute resolution assisted through the use of smart contracts.  The blockchain offers a permanent record of a verifiable, unchangeable transaction ledger.

Blockchain startups have created dispute resolution solutions using blockchain technology, smart contracts, and online applications across the board, not just in the world of online gambling.

Be sure to tune in on Thursday here.

- Aaron Goldstein,

Video News News

Is DraftKings Legal in Utah? is one of only two states - the other being Hawaii - that does not offer any type of gambling.  This includes no state lottery.  As such, DraftKings will not operate here or take any bets from Utah residents or visitors.