In the ticketing industry there was a brand new innovation on the front that will change the entire ticketing experience. I think Utix currently algorithmic scripts are utilized to purchase all available tickets at any one time for an event forcing them immediately onto the secondary market consumers are charged extortion and markups on the initial face value of the ticket in the secondary market the average markup is forty nine percent and in some cases the margins exceeding up to one thousand percent. Fraud is extremely difficult to control in the secondary market and tickets can appear on several mediums there is a select group of current organizations who monopolize the ticketing industry event organizers and fans alike have no real control over their variables. Now, there is blockchain, utix solution is to enable users and event organizers to seamlessly use smart contracts on the etherium network & that protocol eliminates any possibility of counterfeit tickets being sold and it also ensures the secondary pricing can be controlled as well. They allows the event organiser to enjoy all the benefits of using a blockchain system without the added complexities involved the smart contracts will facilitate transfers between their reserve fund the event organiser the user and the secondary ticket purchaser with the development of the decentralized ledger event organizers and users are about to receive the benefits.
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source https://www.reddit.com/r/btc/comments/9p7rii/online_eticketing_platform_perform_based_on/
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