The blockchain to fight concert ticket fraud

At the Ed Sheeran concert in France, the organizers used a new technological solution that makes fraud and resale on the black market practically impossible.

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Journalist in the Economy department

Reading time: 5 mins

HASBuying a ticket for the concert of your favorite band can be a frustrating exercise when you are in front of your computer when the sale opens and after several unsuccessful attempts, you realize that all the places have been sold in a few barely minutes. This is often the work of “scalpers”, people – or robots – who buy tickets in quantity and immediately put them back on sale on specialized platforms at prices sometimes three or five times higher. Fans who turn in desperation to these platforms pay more but also risk buying fake tickets and being refused access to the hall on D-Day.

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