Published on September 13th, 2017 | by bitcoin0
Iflyer, who is Sony Music Backed, chooses EventChain for Asian Ticketing
Sony Music Entertainment Japan have taken a bold step in partnering with iFLYER, a Japanese-based ticketing start-up who are looking to utilize the Blockchain expertise of EventChain in order to overcome ticketing problems through use of the Blockchain.
EventChain’s partnership with iFLYER will essentially see Sony Music breaking into the new wave of Blockchain technology as event, concert, and clubbing tickets are put onto the Ethereum Blockchain, and smart tickets are born.
iFLYER sells $2 mln USD of tickets every year with 5000 events per month listed on their platform.
EventChain’s role in changing the face of e-ticketing
E-ticketing itself is still a new concept, but it could become obsolete if EventChain and iFlyer are successful in their big partnership with traditional music powerhouse Sony Music.
Issues with ticketing
Ticketing is big business, and with companies like Sony at the wheel of such an industry, there are always drives for problem-solving and streamlining.