Next Article in Journal
Domain-Specific Aspect-Sentiment Pair Extraction Using Rules and Compound Noun Lexicon for Customer Reviews
Next Article in Special Issue
IGR Token-Raw Material and Ingredient Certification of Recipe Based Foods Using Smart Contracts
Previous Article in Journal
Multimodal Interaction of Contextual and Non-Contextual Sound and Haptics in Virtual Simulations
Previous Article in Special Issue
Blockchain-Based Supply Chain for Postage Stamps
Article Menu

Export Article

Open AccessArticle
Informatics 2018, 5(4), 44; https://doi.org/10.3390/informatics5040044

Applications of Blockchain Technology to Logistics Management in Integrated Casinos and Entertainment

1
Straight & Up Intelligent Innovation Group Co., San Jose, CA 95113, USA
2
Chinese Academy of Fiscal Sciences, Ministry of Finance of the People’s Republic of China, Beijing 100142, China
*
Author to whom correspondence should be addressed.
Received: 21 September 2018 / Revised: 18 November 2018 / Accepted: 22 November 2018 / Published: 27 November 2018
  |  
PDF [2398 KB, uploaded 27 November 2018]
  |  

Abstract

The gaming industry has evolved into a multi-functional smart city that combines integrated casinos and entertainment (ICE). ICE logistics involve supply chains with various stages in geographically-distributed locations and with limited and complex storage and warehouses. Challenges are to leverage demands, traffic, and storage allocation in ICE logistics. The decentralized structure of blockchain technology allows all parties to participate in ICE logistics. Its cryptography-based, immutable nature gives the assurance of security. This research deals with the design and application of blockchains in ICE logistics. We first adopt a Concentric Value Circles (CVC) model to identify the requirements and business opportunities that use blockchain technology in ICE logistics. We develop an open, automated, and transparent platform, TransICE, which utilizes the feature of smart contracts in blockchain technology and adopts a decentralized model, Hawk, where no financial transactions are stored on the blockchain to hold privacy of transactions publicly. Two cases, (1) the Shipment Pricing and Scheduling process and (2) the Pickup, Shipping and Delivery process in TransICE, are studied to illustrate the applications and feasibility of the proposed TransICE platform and the developed smart contracts of the Hawk model. View Full-Text
Keywords: blockchain; integrated casinos and entertainment; supply chain; logistics; gaming; concentric value circles; Ethereum; Hawk; smart contracts; distributed ledgers; transparency; privacy; trustless blockchain; integrated casinos and entertainment; supply chain; logistics; gaming; concentric value circles; Ethereum; Hawk; smart contracts; distributed ledgers; transparency; privacy; trustless
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Liao, D.-Y.; Wang, X. Applications of Blockchain Technology to Logistics Management in Integrated Casinos and Entertainment. Informatics 2018, 5, 44.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Informatics EISSN 2227-9709 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top