Aventus Blockchain-Based Ticketing System Aims To Wipe Out Ticket Touts (theguardian.com)

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.

Comments

Re:Did you mean wipe out Capitalism and Free Marke

[HornWumpus]

Scalpers are a solved problem. Been done by many bands.

Add shows until the last one doesn't sellout. If all bands did that for 3 months, all scalpers would be broke.

Re:Better Ways to Eliminate Scalping

[Anonymous Coward]

I still don't see why they don't just use an auction. Everyone registers with the price they want to pay and the week of the show it locks in. Highest prices get the best tickets. Venues get sold out even if people register at $5.

I stopped buying tickets except from scalpers because ticket site often release "blocks" of tickets and not the best ones. The more you pay and the early you buy, the better your seats should be. This was not true for many of the shows I went to and found that I could buy day of from scalpers for much less.

Re: Better Ways to Eliminate Scalping

[Anonymous Coward]

Under what rule can "the public" not afford the ticket or does "the poor" deserve a ticket?

And I guarantee u if say Adele only sold to "verified poor people", rich people would still get the tickets as most of the poor would sell the ticket for stupid amounts of money, potentially to scalpers.

Why are u so against someone selling something they own for whatever price they can get?

Re:Did you mean wipe out Capitalism and Free Marke

[houghi]

I do not care if they buy the tickets to enrich themselves financially by selling the tickets or emotionally by going to the concert.
I would not even mind if they bought ALL of the tickets and not go at all, leaving the artist alone in an empty hall.

To me it is that if you own something, you should be able to sell it. If you make a profit doing so. Good for you. If you make a loss. Also good for you. It is yours, so you can do with it as you please.

Or are you saying I can not buy anything with the intention of selling it later with a potential profit?
Scalpers do not drive up the price. The initial price that has been paid was and is the same.

That does not mean I like what they do and I do think that they are scum of the earth. It does not mean that I also think to have a right to do what they do. Defending people that you agree with is easy. I defend the people I hate.