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Blockchain-based reward point exchange systems

delete2020-01-23
delete6
PRE
AI
B
Bijon Kumar Pramanik
A
Asnuka Rahman
M
Mei Li *
DOI:10.1007/s11042-019-08341-2delete
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摘要

摘要

En 中文
Large organizations are increasingly attracted to the notion of reward points as a form of loyalty giveaway. However, for current markets, these points can be redeemed only within the organizational domain. No concept of interoperability or exchangeability of these points exists among cross-organization users in a decentralized manner. To address this challenge, this study proposes a solution for exchanging user-earned reward points using blockchain technology. The solution aims at a decentralized peer-to-peer exchange network wherein participants can directly exchange points through web/mobile apps of point-offering organizations. To this end, we propose using Hyperledger Fabric Blockchain and Hyperledger Composer, which will synchronize the initial data from off-chain apps, and after the exchanges are done on-chain, sync the data back to them. This approach extends existing off-chain organization management systems instead of requiring a whole new system both for users and organizations and also optimizes the ever growing blockchain database size.
Keyword:
Blockchain
Peer-to-peer network
Decentralized
Reward point exchange
Hyperledger
Fabric
Composer
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IF:
3
论文数:
2.0W
被引数:
3.2W

机构

C
China University of Geosciences
学者数:
3.7W
论文数: 2.8W
被引数: 4.3W
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