In the past few years, global technology has adopted new innovations surpassing old advancements. With each passing year, new technologies and trends emerge that have the potential to change the way online betting platforms and casinos operate. As we move into 2023, several recent technology trends are worth keeping an eye on.
These technologies are developed with insights that they would improve modern online gaming and betting to another level. Some of the best new tech innovations useful for businesses and online casinos to look out for in 2023 are highlighted below;
Industry Cloud Platforms
The industry cloud is a platform that allows online platforms to connect with customers and partners to create new efficiencies and business models. It provides a secure, scalable, cost-effective way to manage data and applications. The industry cloud also supports the development of new gaming applications and services.
The industry cloud platforms are designed to meet the needs of online betting platforms like- payment and withdrawal methods, events, games, and discount offers, to mention a few. In addition, these platforms offer a wide range of features and services that can be customized to meet the need of online bookers.
Digital Immune System
As the world becomes increasingly digitized, so must online platforms improve their defences against cybercrime. Fortunately, several new technologies are being developed that can help to create a digital immune system capable of warding off attacks and protecting their data. Part of the digital immune system includes- blockchain and artificial intelligence, to mention a few.
Blockchain technology is a distributed database over a decentralized network, aiding secure, and cybercrime-free online transactions. This makes it an ideal tool for safeguarding against cyber theft and fraud, as it makes it very difficult for hackers to alter or delete the data of bettors online. AI can detect anomalies and threats in real-time, helping to thwart attacks before they can cause damage. Additionally, AI can automatically patch vulnerabilities, reducing the risk of attack.
Finally, the digital immune system is a game-changing technology when it comes to cybersecurity for online bookmakers. Quantum computers are modern solutions to technical difficulties that have proved impossible to resolve by classical computers. This could allow them to crack current encryption methods, making them invaluable for defence against cybercrime.
The Scrumban methodology is a hybrid of the Scrum and Kanban frameworks that aims to provide the best of both worlds regarding bookmakers’ project management and execution. The key principle of Scrumban is to focus on delivering value to the customer as quickly as possible while maintaining high-quality standards. To do this, Scrumban emphasizes continuous improvement and collaboration between bettors and developers.
The main benefits of using the Scrumban methodology are its flexibility and adaptability. Unlike other project management approaches, Scrumban can be easily tailored to fit any online bookmaker’s needs. Additionally, because it relies on continuous feedback and collaboration, Scrumban is well-suited for rapidly changing environments where traditional methods might struggle.
Drone technology is revolutionizing the way online bookmakers operate and communicate. By using drones, platforms can gather data and information quickly and efficiently without putting both the bookmakers and bettors at risk. Additionally, drones can deliver offers and information to bettors in difficult-to-reach locations. With the help of drone technology, betting sites can improve their bottom line while providing a safe and convenient experience for their punters.
Al Trism, AI Trust Risk and Security Management is a technology that deals with Artificial intelligence technology relative to online bookmakers and betting platforms. This technology is currently adopted by all bookmakers available in Australia, as it helps maintain reliable, fair, and secure customer service to customers.
AI Trism allows these bookmakers to effectively manage the data of all customers with a legal policy that protects them against anomalies online. This is a viable solution to cyber threats, account hacking, and loss of customer data. Online bookmakers secure the data and interests of all customers with this technology.
Quantum computing is an area of computer science focusing on developing quantum computers. Quantum computers have an advantage over normal computers in terms of speed. Their speed is evident in their ability to exploit the principles of quantum mechanics. This merit makes them a preferable modern choice to solve cyber issues on any online bookmaker regardless of location.
It is noteworthy to mention that quantum computing is still in its early stages, but it has the potential to revolutionize the way online betting platforms maximize the use of computers. In the future, quantum computers could be used to solve complex betting problems that are currently unsolvable.
Metaverse And Web3
Metaverse is a term for the virtual world, which comprises all the 3D environments people can visit and inhabit. It includes all the virtual reality worlds, as well as all the augmented reality worlds. Web3 is the third generation of the World Wide Web, based on the premise that everyone should be able to control their data.
With Web3, you can log into any application or website using your data without relying on central authorities. With props to metaverse and Web3, online bookmakers can improve virtual gaming, payment offers, and events on their platforms. An attempt to better provide a quality service to all punters.
Superapps are a new type of mobile app, some of which are accessible to punters and bookmakers in Australia. They are designed to be a central hub for all your booking needs at online casinos; they offer a wide range of features and services. Superapps are convenient and easy to use, which is why they are becoming popular.
Most people are unaware of wireless technology’s potential for online bookmakers. These platforms can use wireless networks to connect employees, customers, and partners anytime, anywhere. Wireless connectivity can improve communication and collaboration among employees, customers, and partners. In addition, it can enable real-time monitoring of processes and operations and provide new opportunities for customer engagement.
There are three main types of applied observability: system-level, application-level, and process-level.
- System-Level Observability- This involves monitoring the overall performance of a system and its components. This type of observability can help identify issues that may be affecting the system as a whole or pinpoint specific areas that need attention regarding betting.
- Application-Level Observability focuses on monitoring the performance of individual applications relative to punters online. According to playup review on playup website and online bookmakers, application-level observability has so far proven useful for troubleshooting issues with a particular bet or event. More importantly, for understanding the influence of a game or event on bettors.
- Process-Level Observability monitors the progress of online bettors on a platform. This type of observability can be used to track the progress of an event or game relative to the punter. In addition, to rectify issues regarding odds and stakes or to identify bottlenecks in a process.
On a final note, the Top New Technology Trends for 2023 are all groundbreaking technologies that have the potential to change the online betting world as we know it. AR has already begun to revolutionize how punters relate with games and events; blockchain potentials and algorithms are already changing the financial landscape. Do not miss out on these online casinos new technology in 2023!