Eticket's Et4 Blockchain Platform Supports Safe & Secure Transactions
Laura McQuarrie — June 27, 2018 — Tech
References: et4.co.il & prnewswire
Eticket, the Israeli company and developer behind the P2P ticket platform for Eticket4.com, recently introduced an all-new Et4 blockchain platform as a secure new place for anyone to conduct safe transactions.
On Et4, which brands itself as an "international secondary P2P ticketing crypto marketplace," users can make transactions without intermediaries, using the company's ET4 tokens.
Within the ticketing industry, two of the most prevalent problems are fraud and the extremely high price of resale tickets. Blockchain ticketing platforms like Et4 have the potential to solve these problems by offering greater trust and transparency. Additionally, the use of blockchain technology in the case of the Et4 blockchain platform is said to significantly reduce the commissions per transaction.
On Et4, which brands itself as an "international secondary P2P ticketing crypto marketplace," users can make transactions without intermediaries, using the company's ET4 tokens.
Within the ticketing industry, two of the most prevalent problems are fraud and the extremely high price of resale tickets. Blockchain ticketing platforms like Et4 have the potential to solve these problems by offering greater trust and transparency. Additionally, the use of blockchain technology in the case of the Et4 blockchain platform is said to significantly reduce the commissions per transaction.
Trend Themes
1. Blockchain Ticketing - Blockchain ticketing platforms offer greater trust and transparency, solving the problems of fraud and high resale ticket prices.
2. P2P Ticketing - P2P ticketing platforms like Et4 eliminate intermediaries, allowing users to make transactions directly.
3. Cryptocurrency Marketplace - Cryptocurrency marketplaces, such as Et4, provide a secure place for transactions using their own tokens.
Industry Implications
1. Ticketing - Blockchain ticketing platforms disrupt the traditional ticketing industry by offering secure transactions and reducing fraud.
2. Intermediary Services - P2P ticketing platforms disrupt intermediary services by enabling direct transactions between buyers and sellers.
3. Cryptocurrency - The integration of cryptocurrency in ticketing platforms creates a new industry of secure and decentralized transactions.
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