Aventus is a start-up that is attempting to solve one of the biggest problems within the world of ticket sales, which is that tickets often go quickly, forcing fans to pay high prices on secondary markets and reward scalpers.
Aventus' B2B ticketing software is powered by blockchain technology and artificial intelligence, introducing what it calls "an open-source standard for the whole industry that lets ticketing companies and other vendors focus on their core value propositions."
With Aventus, tickets are given a unique ID that limits the use of a ticket to a single person. To ensure this, tickets on the site are linked to accounts, as well as images of a user's face, credit card and certified identification. Tickets may be sold after being purchased, but because Aventus is a blockchain-based system, transparency is possible as the buyer and seller are both able to see the original ticket's price.
Blockchain Ticketing Systems
'Aventus' Makes Ticket Sales More Secure and Less Fraudulent
Trend Themes
1. Secure Ticketing Systems - Implementing blockchain technology and AI in ticketing systems enhances security and reduces fraudulent activities.
2. Open-source Ticketing Standards - Adopting open-source ticketing standards allows ticketing companies to focus on their core value propositions and improve efficiency.
3. Transparency in Ticket Sales - Blockchain-based ticketing systems provide transparency in ticket sales by allowing buyers and sellers to see the original ticket's price and transaction history.
Industry Implications
1. Ticketing Industry - Adopting blockchain technology and AI can revolutionize the ticketing industry by improving security, reducing fraud, and increasing transparency.
2. Blockchain Industry - Integrating blockchain technology in ticketing systems presents disruptive innovation opportunities, providing enhanced security and transparency.
3. Artificial Intelligence Industry - Leveraging AI in ticketing software can automate processes, optimize sales, and improve user experience, benefiting the ticketing industry as a whole.