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Barry Ritholz, asset wealth manager with 180k twitter followers, discusses the benefits of ticketing on blockchain and GET protocol

Barry Ritholz, asset wealth manager with 180k twitter followers, discusses the benefits of ticketing on blockchain and GET protocol



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  1. tldr; Barry Ritholtz, the CEO of Invictus, is exploring the use case for blockchain in concert ticketing. He suggests that a smart ticketing protocol built on the Ethereum blockchain could make ticket fraud and ticket fraud occurrences of the past. The protocol would be transparent, automatic, and accrues to the benefit of the artist, not the middleman.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. One interesting aspect of blockchain for ticket sales I haven’t seen brought up is the data mining it will allow. Assuming all tickets are on a common blockchain, you would be able to analyze what artists’ concerts tickets are bought by common wallets. This could allow for marketing opportunities that may not be available now. “Who knew 26% of Taylor Swift fans also bought White Zombie tickets.”

    It could also allow for blocking resellers. The blockchain would allow you to track wallets that always sell their tickets. If someone say buys four ticket to different concerts, and never actually attends a concert, that wallet could be banned.

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