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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.
"Thing which already exists, except implemented using blockchain instead" is only a good idea if you're a contractor looking to generate billable hours out of buzzwords.
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.