Aventus Blockchain-Based Ticketing System Aims To Wipe Out Ticket Touts
Aventus Blockchain-Based Ticketing System Aims To Wipe Out Ticket Touts
Published on May 06, 2018 at 09:11PM
umafuckit writes: The Guardian reports on Aventus, an open-source protocol designed to eliminate fraud and touting for large events. The Aventus Protocol "would allow event organizers to give each ticket a unique identity that is tied to its owner. Since each ticket is a linked list of records, where each new one contains an encrypted version of the previous one, they cannot be faked. The software also allows event promoters to keep an easy record of who owns the ticket, which means they can control the prices. The protocol was launched at Imperial College London last week and will be trialed at this year's world cup, where it will handle 10,000 ticket sales.
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Published on May 06, 2018 at 09:11PM
umafuckit writes: The Guardian reports on Aventus, an open-source protocol designed to eliminate fraud and touting for large events. The Aventus Protocol "would allow event organizers to give each ticket a unique identity that is tied to its owner. Since each ticket is a linked list of records, where each new one contains an encrypted version of the previous one, they cannot be faked. The software also allows event promoters to keep an easy record of who owns the ticket, which means they can control the prices. The protocol was launched at Imperial College London last week and will be trialed at this year's world cup, where it will handle 10,000 ticket sales.
Read more of this story at Slashdot.
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Aventus Blockchain-Based Ticketing System Aims To Wipe Out Ticket Touts
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