Implementing trades of the National Football League Draft on blockchain smart contracts

Mathew B. Fukuzawa, Brandon M. McConnell, Michael G. Kay, Kristin A. Thoney-Barletta, Donald P. Warsing
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引用次数: 0

Abstract

Purpose

Demonstrate proof-of-concept for conducting NFL Draft trades on a blockchain network using smart contracts.

Design/methodology/approach

Using Ethereum smart contracts, the authors model several types of draft trades between teams. An example scenario is used to demonstrate contract interaction and draft results.

Findings

The authors show the feasibility of conducting draft-day trades using smart contracts. The entire negotiation process, including side deals, can be conducted digitally.

Research limitations/implications

Further work is required to incorporate the full-scale depth required to integrate the draft trading process into a decentralized user platform and experience.

Practical implications

Cutting time for the trade negotiation process buys decision time for team decision-makers. Gains are also made with accuracy and cost.

Social implications

Full-scale adoption may find resistance due to the level of fan involvement; the draft has evolved into an interactive experience for both fans and teams.

Originality/value

This research demonstrates the new application of smart contracts in the inter-section of sports management and blockchain technology.

在区块链智能合约上实现全国橄榄球联赛选秀交易
目的展示使用智能合约在区块链网络上进行 NFL 选秀交易的概念验证。设计/方法/途径作者使用以太坊智能合约,模拟了球队之间几种类型的选秀交易。研究结果作者展示了使用智能合约进行选秀日交易的可行性。整个谈判过程,包括边际交易,都可以通过数字方式进行。研究局限/影响还需要进一步的工作,才能将选秀交易过程全面深入地整合到去中心化的用户平台和体验中。社会影响由于球迷的参与程度,全面采用可能会遇到阻力;选秀已经演变成球迷和球队的互动体验。原创性/价值这项研究展示了智能合约在体育管理和区块链技术领域的新应用。
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