ESBC (token ticker ESBC) is the project creating a token that would be used as the first and foremost currency of the online betting and gambling industry in the world. The token created by ESBC would be used in major part on the ESBC platform in order to place bets, as well as collect the payments and rewards from the won bets. The idea behind bringing together the blockchain technology with traditional betting platforms is quite simple: it’s the premise that the betting industry needs revamping due to its numerous flaws readily apparent to users as well as the platforms themselves: for example, the security of the transactions on the traditional platforms will always be compromised due to the fact that the servers are inherently easily hackable, so the personal information on the deposits, bets made and so on, would never be in complete, 100% security in that framework. In contrast, distributed ledger use means that every transaction is stored in blocks which are non-falsifiable, providing a stable foundation for the betting platform.