Isle of Man Grants License to Ethereum smart contract Lottery

[CryptoGirl]

The ethereum-powered lottery was developed by Quanta, which describes the drawing as fully transparent and fair, with provably random results. Smart contracts manage the process from end to end.


"We are delighted to welcome a new company to one of the Island’s fastest growing sectors," Daphne Cain, a member of the island’s Department of Economic Development, said in the release. "The Isle of Man's regulations and compliance procedures are specifically designed to accelerate cryptocurrency and e-Gaming industry growth on the Island."


https://www.coindesk.com/isle-man-grants-license-ethereum-based-lottery/