TIXnGO, a new blockchain mobile ticketing platform, has been launched today by ELCA, the parent company of cloud-based solution SecuTix, in an effort to combat fraud.
TIXnGO is a user-friendly platform designed to fit with existing ticketing systems so venue managers don’t have to change their systems, only the ticket delivery method.
The new blockchain platform is already in talks with several sports clubs that plan to use TIXnGO from the start of the 2019-20 season.
Julien Piwowar, TIXnGO global business development senior executive, said: “I expect that in five years’ time, 90 per cent of tickets for live events will be sold using blockchain technology as it’s an easy and effective way to solve many of the problems the industry faces today.
“TIXnGO creates a unique, encrypted ticket for smartphones that is completely traceable, removes the risk of counterfeit tickets and simplifies the process of transferring or reselling tickets for the customer. Blockchain will profoundly transform the ticketing industry as we know it and TIXnGO is leading the way.”