Enhancing the retailer gift card via blockchain: Trusted resale and more

Research output: Contribution to journalArticlepeer-review

Abstract

Though the retailer gift card has been an ultra-practical marketing tactic to attract customers to spend more, it, on the contrary, also places a great number of customers in troublesome situations due to its current limitations. First, dealing with unwanted gift cards is often time-consuming, costly, or even risky due to the frequent occurrences of gift card resale frauds. Worse still, the issuance and redemption of gift cards happen inside the retailer as in a “black-box,” indicating that a compromised retailer can cheat customers (or even third-party auditors) to deny the issuances of some unredeemed gift cards. This paper proposes a practical middle-layer solution based on blockchain to address the fundamental issues of the existing gift card system, with incurring minimal changes to the current infrastructure.

Original languageEnglish (US)
Pages (from-to)49-68
Number of pages20
JournalJournal of Database Management
Volume32
Issue number1
DOIs
StatePublished - Jan 1 2021

All Science Journal Classification (ASJC) codes

  • Software
  • Information Systems
  • Hardware and Architecture

Keywords

  • Blockchain
  • Retailer gift card
  • Smart contract
  • System security

Fingerprint Dive into the research topics of 'Enhancing the retailer gift card via blockchain: Trusted resale and more'. Together they form a unique fingerprint.

Cite this