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Fraud and extortionate secondary market (resale) ticket prices are the two main causes why Blockchain Smart Ticketing Solutions are introduced. Smart Contract Tickets Services using Blockchain technology has revolutionized the industry by enhancing the security of ticket sales while effectively regulating the marketplace. If you are wondering about “Why use Blockchain? Why do ticketing companies need it?”, then we have got the complete answer for your query herein.
Blockchain Smart Ticketing Technology is built to control & safeguard your transactions minimize frauds & resale in events ticketing. With Blockchain, you can control every ticket you’ve sold, identify every reseller. With Blockchain, you are able to record every transaction while keeping an eye on your buyers and resellers. With this, you can manage events and ticketing while dramatically reducing your costs.
Blockchain is seen changing the way tickets are sold in the online marketplace. It eliminates the ticketing black market risks. Today, several companies are launching blockchain technology. If you are too looking for a reliable Blockchain Development Company, then QSS Technosoft can be your ultimate choice. We are a promising Blockchain Smart Ticket Solution provider in India backed up by a 200+ expert team of developers and trusted by 30+ industries across the globe.
Fraud selling of tickets in the resale market is considered the biggest issue in the ticketing industry. This fraudulent activity snatches away the benefits for event participants in terms of value creation, and no one gets a share of the final price. QSS’s smart contract development on Solidity is the ultimate solution for fairly managing the events and ticketing.
Smart Tickets keep you track of each transaction on the Blockchain and identify re-sellers. In this way, you can easily manage your buyers & sellers without any fear of resale or fraud. The admin can control ticketing prices in secondary sales.
Given below are the most considered features we offer as a Blockchain ticketing technology provider:
We offer solutions where actual tickets are Blockchain-based tokens that remain in a purchaser’s electronic wallet. Tickets can be traded centrally but settled on the Blockchain networks. With our smart tickets solutions, fraudulent activities including selling or reselling of tickets for a higher price than initial are prevented and person-to-person ownership transfers are easy. Here are the other solutions we offer:
Looking to build a Blockchain-based ticketing application? Here are some good reasons to choose us your smart ticketing business partner: