06 June 2022

Blockchain ticketing to be used for Ed Sheeran gig at Wembley

Written By FinTech Alliance in Blockchain

Blockchain ticketing to be used for Ed Sheeran gig at Wembley

Wembley Stadium is set to implement blockchain ticketing at the end of June.

In Brief: 

TIXNGO, aa blockchain ticketing solution, will be used. 

Created by Secutix in 2019 TIXNGO uses blockchain technology to offer a mobile wallet to securely store tickets. 

It operates as a secure, single platform that venues can use to sell multiple tickets.

What does this mean? 

It's an appropriate concert to pilot the blockchain solution at Wembley, since Ed Sheeran has been vocal against highly inflated ticket resales. 

TIXNGO aims to use blockchain technology to help eliminate counterfeits since the tickets are encrypted. It also associates each ticket with an identity making them harder to sell on illegitimately. 

Read more here. 

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