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IT Firm AMD Joins Blockchain Game Alliance To Help Expand Its Tech

Stefan by Stefan
16/12/2019
in Blockchain News
Reading Time: 2 mins read
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AMD Hardware Giant, gpu, mining, ethereum, nvidia
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The United States IT firm AMD, known as Advanced Micro Devices, has recently joined the Blockchain Game Alliance and forged two partnerships that will help its expand its technology and its use in the industry.

An official announcement came from a December 12 press release which revealed that the chip manufacturing giant is partnering with the blockchain technology providers Robot Cache and ULTRA – both of which are now working to develop and operate new blockchain based online gaming markets. The IT firm AMD joins these marketplaces and the initiative to establish new and safe purchase options as well as distribution channels for game publishers and users.

If you don’t follow our blockchain news, you should know that the Blockchain Game Alliance (BGA) is an organization that is committed to the adoption of blockchain technologies in gaming – doing that by promoting the creation of common standards, facilitating networking and knowledge-sharing as well as encouraging cooperation and the adoption of best practices.

AMD is reportedly the first major hardware creator which joins the Alliance, counting the Enjin token creator Fig as well as the veteran game developer EverdreamSoft as its existing members.

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The press release also claims that both marketplaces will integrate AMD’s graphics cards and processor technology for a range of purposes. These will include the back-end servers and blockchain infrastructure. The IT firm AMD and its Ryzen processors and Radeon graphic cards have been known as ultimate leaders in the market and are very solid when it comes to providing optimal cryptographic compute performance.

AMD has commented on the news and said that its CPU and GPU technology will serve as a powerful motor for compute-intensive blockchain and gaming workloads. The hardware manufacturer also said that it will provide security protection to help protect the digital content from a range of online attack vectors.

Before this, the IT firm AMD outstripped its market expectations and reported significant gross margin expansion as its Ryzen and EPYC processor and datacenter GPU revenue have more than doubled year-over-year.

All in all, the Blockchain Game Alliance expands and shows that gaming is a major entry point to blockchain technology. From Atari to Tetris, there have been numerous contracts in the field.
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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: amd blockchainamd blockchain allianceamd blockchain newsamd firmamd news nowamd softwareblockchain game allianceblockchain news nowblockchain news updates
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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