ACV is a #casino in #vegas and needs to go cashless. They choose to issue a stable #token on the #CSCL. $1= 1ACVT. They have their own branded #whitelabel version of the #casinocoin #BrankrollManager. Their customers can purchase #tokens at a cash cage... (2/x)
A customer signed up and exchanged some FIAT for ACVT, which they now hold in their wallet. If they want to play at a table, they simply scan a QR code that has been presented by a croupier and do a tx. It takes less than 5 seconds to verify the tokens have been received. (4/x)
The customer gets his chips and plays as usual. If they want to cash out and leave the table, they pass their chips, present their QR code, and receive the tokens. Chips can easily be sanitized. The same principle can be used for slots. (5/x)
Most slots use so-called Ticket-In Ticket-Out systems. You either get a ticket at a cash cage or at a machine. Again we are using the QR code way. Scan presented QR code, verify everything, send the TX, receive your ticket, go and play some slots. (6/x)
It would be way better if the slots themself would allow direct deposits/cashouts but this would mean additional work, testing, and regulation. The existing systems only need some small tweaks without touching the main infrastructure. (7/x)
