“Potential applications for blockchain in ticketing are almost unlimited”

Recently, Softjourn attended the Ticketing Professionals Conference in Birmingham, UK, where our blockchain expert, Lyubomyr Nykyforuk, spoke about the intersection of blockchain and ticketing. A couple of years ago, our clients began to show keen interest in blockchain.

Since then, we have built blockchain ecosystems and worked with clients to define appropriate use cases for their industries.

What blockchain is
Lyubomyr described blockchain as a “decentralised, immutable database” or a “distributed, unforgeable ledger.” Distributed means there is no central control unit, such as a bank, that approves or declines transactions. Instead, decisions are made by consensus of a network of computers. Because the database is public, everyone can see what is inside a block and ascertain that it is real. There are also private blockchains…

You've used your free article this month

Create a free account to read 3 articles per month, or subscribe for unlimited access.

Create a Free Account Subscribe

Already have an account? Sign in