Blockchain in the music/event and ticketing industry

in #music7 years ago

https://medium.com/@goblockparty/music-festivals-are-fertile-breeding-ground-for-blockchain-b8ef1803deab

If you read this article it gives an interesting insight in how the current event and festival scene could use blockchain. This is something that I personally havent thought about a lot but it seems to be a very good fit. There are a lot of fraudulent ticket resellers who sometimes sell fake tickets or just tickets at a very high price and tickets are hard to get. All these issues can potentially be solved by introducing blockchain technology and smart contracts to make sure that this doesnt happen again. It uses ledger and smart contract technology to solve a real life issue. I think its very interesting what do you all think?