DeLottery: A Novel Decentralized Lottery System Based on Blockchain Technology
This addresses the need for secure and decentralized lottery systems in the entertainment and charity industries, though it appears incremental by applying existing blockchain concepts like RANDAO to a specific domain.
The authors tackled the challenge of integrating lottery systems with modern information technology by designing DeLottery, a decentralized lottery system based on blockchain and smart contracts, which was implemented in a blockchain network to demonstrate its functioning and security.
In this paper, we design DeLottery, a decentralized lottery system based on block chain technology and smart contracts. Lottery is a classical form of entertainment and charity for centuries. Facing the bottleneck of the combination between lottery and information technology, we use smart contracts and blockchain in decentralized, intelligent, and secure systems for lottery industries. Moreover, we are inspired by the algorithm of RANDAO, an outstanding way of random number generation in blockchain scenario. The components and the functions of the novel system are described in details. We implement DeLottery in a blockchain network and show functioning procedure and security of the proposed lottery system.