Sign In  |  Register  |  About Sunnyvale  |  Contact Us

Sunnyvale, CA
September 01, 2020 10:10am
7-Day Forecast | Traffic
  • Search Hotels in Sunnyvale

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Government Blockchain Association (GBA) Rates AXES.ai’s Casino Technology as a Trusted Blockchain Solution.

AXES.ai’s land-based casino management platform became the first blockchain solution in history to be independently evaluated and rated by the Government Blockchain Association (GBA) in accordance with the Blockchain Maturity Model (BMM).

Las Vegas, NV, Nevada, United States - April 27, 2023

AXES.ai’s land-based casino management platform became the first blockchain solution in history to be independently evaluated and rated by the Government Blockchain Association (GBA) in accordance with the Blockchain Maturity Model (BMM).

“Why would a casino management system need blockchain? Because according to the US Financial Action Task Force (FATF), casinos are high-risk areas for money laundering and terrorist financing,” said Gerard Dache, GBA Executive Director. “Regulators world-wide need to have confidence that financial and compliance reports have not been falsified or altered. By writing data to a blockchain, regulators have confidence that the reports have not been altered.”

“That is why AXES.ai created a cloud platform and solution for their customers. But it was not enough to just tell their customers that they were using blockchain. Unfortunately, there are many false claims about blockchain solutions. AXES.ai submitted their solution to the GBA to have it formally rated. After an extensive evaluation by a world-class team of experts, using GBA’s globally accepted model, it was approved,” concluded Mr. Dache

The GBA assessment framework, called the Blockchain Maturity Model (BMM), examines a blockchain solution from eleven separate perspectives that are required for a blockchain solution to be trusted. The BMM is a technology-agnostic model utilizing an assessment methodology, training assets, and a suite of tools to improve solutions, ensuring that those solutions can be trusted. It provides confidence to investors, customers, and acquisition officials that the assessed blockchain solutions are unimpeachable.

Organizations become Trusted Blockchain Solutions thru the BMM.

For more information visit https://gbaglobal.org/blockchain-maturity-model or attend GBA’s Future of Money Governance of Law conference on May 24-25 in Washington DC. Details are at https://gbaglobal.org/FOMGL

About the Government Blockchain Association (GBA)

The GBA is a global, non-profit business community with public-sector members in over 500 government offices worldwide, and private-sector professionals in over 50 working groups. Public/private sector members work together to use blockchain and related technologies to solve public sector challenges. For more information about the GBA visit www.GBAglobal.org.

Contact Info:
Name: Bryan Feinberg
Email: Send Email
Organization: Plato / Amplifi
Address: 144 E44th E 44th St, New York NY 10017
Phone: 15515742169
Website: https://AmplifiPR.com

Release ID: 89095365

If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Sunnyvale.com & California Media Partners, LLC. All rights reserved.