The large Dubai Caesars Bluewaters hotel has turned to the Lucid Pay digital wallet for a blockchain-driven solution to managing its staff discounts and allowances provision. Created by Liquid-D, the Lucid Pay system will be used to afford staff with a digital payment option when using their perks and allowances around the hotel’s facilities.
The massive Caesar’s palace Bluewater 'island' development in the city will use the smart contracts and wallets to automatically credit and debit the discounts and allowances to its staff according to contractual conditions of employment, as well as manage their useage. In order to do this, the system will integrate into existing Hotel POS systems from Oracle and Opera. The wallets will be available via staff’s Android and iOS mobile devices.
Jejin Joseph, the Caesars Bluewater head of IT Infrastructure, was quoted in reports as saying that this ease of integration made Lucid Pay “the right choice”, and that the system “is very easy to setup and use and requires minimal training for the existing staff.”
“Being a Blockchain-based solution,” he added, “we are provided with a transparent, tamper free, immutable ledger for our employees' allowance and discount program.”
Not the First
Interestingly, Caesars Bluewaters is not the first to turn to Lucid Pay and blockchain technology for such a facility, which presumably aims to cut down on fraud and misuse of staff incentives as well as streamline the back-end processes for increased efficieny. The Dubai-based Atlantis resort has also recently announced it is using it, only in its case that will be a customer-facing facility for guest payments.
Jawad Riachi, of the Dubai-based Liquid-D says its is happy clients are beginning to “value the platform and realize its potential in terms of functionality, speed, effectiveness and ROI.”
In a view that has been echoed by many blockchain advocates over the last year, he appears to believe that the blockchain technology Lucid Pay uses needs to be as inconspicuous as possible, and that his company must focus on making a product that is easy to use and implement, offering a “convenient learning curve and minimal intrusion.”
It echoes the views of EOS creator and company founder Daniel Larimer, who in a recent interview a London’s Blockchain Live event, told me that “Blockchain will be heavily adopted when people no longer talk about blockchain,” but that “to get from where we are today to there [is] a matter of getting the existing businesses and existing proven business models to upgrade their software to use blockchain give users greater security.”