Technology continues to drive every notable innovation. While it might have started slowly with the development of the original computer chip in 1958, the mobile phone in the 1980s and the internet in the 1990s, we’re now at a point where it feels as if the innovations are becoming more profound and more challenging to keep up with.
Unlike some industries, which struggle to stay updated with the latest technology, online gaming definitely has enough developers and pioneers to use these disruptive innovations to its advantage.
Blockchain and cryptocurrency gaming
For many of us, Bitcoin is something that our distant family member has been telling us to buy on Facebook for the last five years, or it reminds us of the guy in the office who is convinced it’ll help him retire by 2025 despite the fact his investment is down. The disparity between those who invest in cryptocurrency and those who actually understand its benefits is quite startling, especially if you browse social media during a bull run.
Gaming platforms that implement advanced cryptography and publicly accessible information on the blockchain are helping to pull down these barriers and highlight to people that there are practical ways to use their cryptocurrency. The unique selling point of cryptocurrency is that the blockchain provides security, payment validation and proof of transaction that a bank usually would, thus making banks redundant in the whole discussion – in theory, at least.
Cryptocurrency casino gaming
Casino gaming is one of the most significant parts of the online gaming industry, and platforms are constantly looking for ways to streamline essential elements of their platforms.
There’s a growing focus on payment methods and payout speeds, and this is where cryptocurrency has the potential to make some serious inroads into the industry. An increasing number of highly-rated quick withdrawal casinos, many of which you can find on expert review sites such as https://www.irishluck.ie/fast-payout-casinos, are looking toward Bitcoin and cryptocurrencies as new technology that could genuinely transform the industry. These sites emphasize the importance of fast payouts, helping players identify casinos that prioritize quick and reliable withdrawals, which are becoming a key factor in choosing where to play.
While a lot of the fast payout casinos in 2024 focus on more traditional payment systems, and blockchain gaming currently makes up only a small percentage of the industry, this is a market that could transform over the next decade, as some analysts believe that Bitcoin could be in for a big year in 2025.
Although this is speculative, the advances in crypto and blockchain technology and the fact that more people are investing in these digital assets mean online gaming will continue to implement it. You’d imagine this will continue throughout the rest of this decade, barring significant change.
VR, the growing emergence of AI, and Nvidia’s meteoric rise
For many people, artificial intelligence falls into a bracket similar to Bitcoin. They hear about how revolutionary it is and have friends claiming to know how it all works, but they don’t know how or where it’s actually causing any changes.
Well, AI in gaming is a bit of a slow burner, and a lot of the significant shifts that have happened over the last 18 months have been in the background of games, whether it’s the algorithmic technology used in gaming websites or changes in the way NPCs interact in role-playing games.
Over the next few years, there’ll be an increasing shift to AI in gaming, and some analysts and experts are under the impression that VR (virtual reality) could begin to play a more significant role, too. VR is changing the world of technology, so by default, you’d think there’d be an equal knock-on effect in gaming, which relies so much on technology.
Truth be told, both of these disruptive innovations – especially VR – have a long way to go before they seriously impact the gaming industry. It has proved to be a staggeringly expensive gamble for Mark Zuckerberg, and his metaverse project continues to haemorrhage cash.
Nvidia briefly became the world’s most valuable company, and its incredible rise has been due to its deep-rooted influence in AI innovation and advanced, global-market-leading GPU chips. Game designers have been able to explore fascinating new graphics and game design potential due to the astonishing enhancements that Nvidia has brought to the table over the last three years.
Final thoughts
Online gaming is now such an important part of the broader industry that it is interwoven through all its facets. Any changes in digital technology have some impact on the broader gaming world.
Not only does it bring together professional video gamers, but those who adapt to the technology have been able to explore pioneering ways to increase the quality of graphics and gameplay, which are the most crucial things to millions of gamers.
While there might be other elements of specific areas of gaming, such as casino gaming, where players are more concerned about unique features or something that might divert away from a more conventional game design, for video console gamers, the quality of the graphics tends to be the most important.
With technology driving exponential growth in GPU sophistication and potential, it will be a fascinating journey to see how technology continues to pioneer and mould the future of gaming.
DISCLAIMER: Cryptocurrency is unregulated in the UK. The UK regulator, the Financial Conduct Authority, has repeatedly warned investors that they risk losing all their money if they buy cryptocurrency, with no possibility of compensation.
