The collaboration may open up a host of use cases for blockchain technology within the gaming industry.

Belgrade, June 16th, 2023 – iLottoSolutions is proud to announce a proof-of-concept collaboration with Chainlink, the industry-standard Web3 services platform. iLottoSolutions aims to integrate Chainlink VRF into iLotto’s platform for a trust-minimized approach to random number generation, helping to enhance the security and transparency of their lottery solutions. Our aim is to offer secure and transparent Lottery and Sports Jackpot Solutions to licensed lottery providers, and to do it in the most efficient and cost-effective way possible.

Chainlink has been integrated by a wide range of blockchain-based projects as a crucial piece of technology for the Web3 ecosystem. Through Chainlink VRF, iLottoSolutions is taking a step into the world of blockchain-based technology. Thanks to the application of Chainlink’s industry-standard random number generator, iLotto’s lotteries will become even more transparent than before. 

“We’re excited about the proof-of-concept collaboration with iLottoSolutions to help enhance their lottery solutions,” said Todor Karaivanov, Market Strategy Manager at Chainlink Labs. “The collaboration will help enable the platform to provide its users with a more transparent and secure lottery experience, while also demonstrating the vast potential of blockchain technology for revolutionizing a wide range of industries,” – Mr. Karaivanov concluded.

With Chainlink’s oracle technology, iLotto can help ensure that their licensed lottery draws are fair, transparent, and tamper-proof. Chainlink VRF provides transparency into the random number generation process and helps ensure that none of the parties involved have the ability to manipulate the outcome, making it easier for iLotto to verify the authenticity of lottery draws. 

“The collaboration between iLotto and Chainlink marks a significant milestone for our lottery platform,” said Danny Thomas, Founder and CEO at iLottoSolutions. “It highlights the applicability of blockchain technology in traditional systems, helping improve the trust and security guarantees for everyone. The planned integration of VRF is a first step that we believe will be hugely impactful for our industry as a whole.”

About Chainlink

Chainlink is the industry-standard Web3 services platform. It has enabled trillions of dollars in transaction volume across DeFi, on-chain finance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink empowers developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.