Two new ticketers join the blockchain party

The co-founder of Ticketfly and a former NME exec are among the latest music biz figures to throw their hats into the ring of the increasingly congested blockchain ticketing sector.

Blockparty is led by Shiv Madan, formerly of NME.com, eBay, Lehman Brothers and wearable data start-up Ability, and launched at leading blockchain/cryptocurrency conference Consensus earlier this month. It aims to use the blockchain – a distributed ledger which permanently stores all transactions – to eliminate problems in ticketing, including fraud and bulk-buying by bots.

Madan comments: “Eventgoers are rightfully frustrated with the current landscape of the ticket purchasing experience. We’ve all been there: after spending months saving up for a ticket to a concert or sports match, you furiously type in a captcha on a…

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