Epazz targets blockchain fantasy sport patent

25 June 2018

Epazz has filed for a provisional patent for a blockchain fantasy sports gambling solution in the US.

The company, which specialises in blockchain cryptocurrency mobile apps and cloud-based business software solutions, said the move comes in response to the recent Supreme Court ruling on sports betting.

Epazz said that as this decision resulted in fifty separate state laws, the average individual will not have time to look up each state law to determine if they are in compliance.

Part of the application focuses on compliance management and verification of available funds, with the company’s ZenaPay solution to verify all user details before they can make a transaction.

The transaction will be run through the Ether network and posted on the user’s profile.

Shaun Passley, chief executive of Epazz, said: “We are able to reuse our technology in multiple different blockchain applications.

“We believe we need to create a primary mobile application that has robust functionality; the user will be able to select which functions he or she wants.

“This business model allows us to decrease our customer acquisition cost and build a user community as we develop and acquire new apps.”

Related article: GSA seeks to integrate blockchain in gambling