Categories: Blockchain News

Blockchain Lottery Innovator Quanta Acquires Stake in Nigeria Lottery ILGL

Quanta one of the renowned company has signed agreements to obtain a post in Worldwide Lottery and Gaming Limited (ILGL) and decided the nation’s first deal to see a company that is related to blockchain capture an old-style lottery business.

S per Kostas Farris, Group CTO of Quanta, and this acquisition will usher in an era when innovation compliments tradition, injecting the power of blockchain technology into the lottery business. We are confident that we can make blockchain popular and this acquisition represents a significant base for Quanta to target other emerging markets in Africa and different Continents.

Charbel Saadeh, Managing Director of Naija Lottery, stated in regards of ILGL, “ILGL has provided popular and entertaining games to the Nigerian players; we are very excited to collaborate with Quanta to create an even more compelling experience to optimize lottery playing for the 200-million Nigerian market.”

About Quanta:

Quanta PLC is a ground-breaking blockchain firm that uses good contracts to safeguard completely automatic and obvious blockchain-powered solutions. The company owns Quanta Technology Limited, the operative of the nation’s very first licensed, blockchain type game firm on the Ethereum platform. Its products contain gaming, random amount generator, token-centric payment entry, and game wallet are blockchain power-driven and expert to safeguard greatest transparency and trust in the industry of game. The firm works on Smart Contracts to provide complete automation and honesty to draws. With the provision of QNTU, the usefulness token, Quanta influences facilities to reinforce the client’s appointment. QNTU is presently interchange on five famous crypto exchanges like Lykke, HitBTC, Bit-Z, Cryptopia, and BitoPro.

Quanta’s early dream was to the emphasis on subcontracting chances with electric utilities, but it soon became ostensible that the old limits among transmission industries were turning blurr as values now hurled communications companies. The saying became convergence, as electric power, communications, cable television, and even, gas pipelines were getting parts of greater initiatives. So, Quanta started to enlarge into the cable TV and telecommunications fields.

The administration group of both platforms aims to destructively gage up the policy to offer more compliant and professional services while improving its user-friendly international experience. Leveraging on Mr. Cheng’s extensive network, the group will also look to scale the policy in other areas across the world. Quanta has passed what the amount of many crypto exchanges are at present observing to apply. Though the view of phishing doses is ubiquitous, user knowledge of safety is as close-fitting as it can be on the policy of the Quanta. The exchange is also pointing at the wildest deal speeds available, an excellent thought for contemporary fintech operators. Quanta provides dealers a unified platform, optimized for user experience, and is integrally hopeful about the development of cryptocurrencies as an advantaged class.

Earl Arrington

Earl Arrington is a regular contributor of daily, weekly and monthly articles on cryptocurrencies price analysis, latest trends and stories on cryptoexchanges. Basically he is a computer science graduate but, due to his keen interest in crypto space, he is a part of CryptoMoonPress reporting team.

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