Cited by 79Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningTransport and Logistics Innovations

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

Open access
Liao, Da-Yin, Wang, Xuehong·2018·Informatics

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.

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  • The yellow cluster primarily comprises significant works associated with the application of blockchain for smart energy, smart tourism and entertainment, and smart education.

    “Lastly, the yellow cluster primarily comprises all significant works associated with the application of blockchain for smart energy (Alcarria et al. 2018; Park et al. 2018; Pieroni et al. 2018; Su et al. 2019; Wang et al. 2019), smart tourism and entertainment (Liao and Wang 2018; Nam et al. 2019), and smart education (Fernandez-Carames and Fraga-Lamas 2019).”

    From Blockchain technology in the smart city: A bibliometric review (2022) · cites this paper as Liao and Wang 2018

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Research works printed but not linked: 7

  1. Kilby, J.; Fox, J.; Lucas, A. Casino Operations Management, 2nd ed.; John Wiley & Sons: New York, NY, USA, 2005; ISBN 978-0471266327.
  2. Christopher, M. Logistics and Supply Chain Management, 5th ed.; Pearson: Harlow, UK, 2016; ISBN 978-1-292-08379-7.
  3. Swan, M. Blockchain: Blueprint for A New Economy; O'Reilly: Sebastopol, CA, USA, 2015; ISBN 978-1-491-92049-7.
  4. Philander, K.S.; Walker, D.M.; William, R. Eadington and the economics of gambling. UNLV Gaming Res. Rev. J. 2012, 16, 9-18.
  5. Tapscott, D.; Tapscott, A. Blockchain Revolution: How the Technology behind Bitcoin is Changing Money, Business, and the World; Penguin Random House: New York, NY, USA, 2016; ISBN 9781101980149.
  6. Kirkland, R.; Tapscott, D. How blockchains could change the world. McKinsey Q. 2016, 3, 110-113.
  7. Dinh, T.; Wang, J.; Chen, G.; Liu, R.; Ooi, B.; Tan, K. BLOCKBENCH: A framework for analyzing private blockchain. In Proceedings of the 2017 ACM International Conference on Management of Data, Chicago, IL, USA, 14-19 May 2017; pp. 1085-1100.

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Authors
Liao, D.-Y., & Wang, X.
Affiliations
  • Straight & Up Intelligent Innovation Group Co., San Jose, CA 95113, USA
  • Ministry of Finance of the People's Republic of China (CN)
Corresponding author
Liao, Da-Yin
Venue
Informatics
Publisher
MDPI AG
Published
2018-11-27
Volume
5
Issue
4
Pages
44
ISSN
2227-9709 (ISSN-L)
OpenAlex
W2903254324
Cited by
79
References
24
Citations by year
2026: 1 · 2025: 3 · 2024: 6 · 2023: 13 · 2022: 18 · 2021: 16 · 2020: 18 · 2019: 4
FWCI
15.33
Type
journal article
Language
en
Open access
Locations
  • Informatics (publishedVersion, cc-by)
  • DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
Topics
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
  • Physical Sciences › Engineering › Industrial and Manufacturing Engineering › Transport and Logistics Innovations
Keywords
blockchain, supply chain management, smart contracts, transaction privacy

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