
Blockchain in ticketing
Blockchain in ticketing refers to using a secure, decentralized digital ledger to manage event tickets. Each ticket is represented as a unique digital token on the blockchain, ensuring transparency and preventing fraud. Since blockchain records are immutable, it’s nearly impossible to counterfeit tickets or engage in scalping practices. Buyers can verify ticket authenticity and ownership through the blockchain without relying on a central authority. This technology streamlines the ticket sales process, enhances trust between buyers and sellers, and can provide event organizers with valuable data on ticket usage and attendance.