Abstract
Traditional customer loyalty programs in the FastMoving Consumer Goods industry have several bottlenecks such as lost paper-based coupons and payback process complications. This paper presents the design of a blockchain-based customer loyalty program called Promotion Asset Exchange (PAX) framework, to solve bottlenecks in the traditional customer loyalty programs. PAX framework adopts the smart contracts of blockchain technology by using PAX token to digitalize transaction processes. It provides improved usability for users and more detailed information to be gathered from manufacturing companies' perspective.
Original language | English |
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Title of host publication | UBMK 2018 - 3rd International Conference on Computer Science and Engineering |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
Pages | 342-346 |
Number of pages | 5 |
ISBN (Electronic) | 9781538678930 |
DOIs | |
Publication status | Published - 6 Dec 2018 |
Event | 3rd International Conference on Computer Science and Engineering, UBMK 2018 - Sarajevo, Bosnia and Herzegovina Duration: 20 Sept 2018 → 23 Sept 2018 |
Publication series
Name | UBMK 2018 - 3rd International Conference on Computer Science and Engineering |
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Conference
Conference | 3rd International Conference on Computer Science and Engineering, UBMK 2018 |
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Country/Territory | Bosnia and Herzegovina |
City | Sarajevo |
Period | 20/09/18 → 23/09/18 |
Bibliographical note
Publisher Copyright:© 2018 IEEE.
Keywords
- Blockchain
- Customer Loyalty Program
- NEO
- Smart Contract