After the chaos of the Champions League match, the government is scrambling to prevent this from happening again. Against all odds, the blockchain is branded as a great solution to the problem.
The blockchain to protect events
Thousands of counterfeit tickets, this is what we remember from the event at the Stade de France that will have made headlines. Faced with the scandal caused by the outcome of the meeting and the diplomatic problems that seem to be looming on the horizon, the government is desperately seeking a solution.
During a Senate assembly held on 1 June and during which parliamentarians returned to the incidents at the Stade de France, the Minister of Sport, Amélie Oudéa-Castéra, made an unprecedented proposal. In fact, in her opinion, the blockchain could be an excellent solution to avoid that viewers are victims of a new traffic of counterfeit tickets.
The fifth and final issue is that of ticketing with the need, first of all, of a more systematic use of electronic ticketing, accompanying it with the necessary work on the blockchain, which will make the entire system more reliable, but also particular attention to cybersecurity risk.
Extract from the hearing of Amélie Oudéa-Castéra, Minister of Sport, in the Senate
An operation which can be carried out quickly and which should be able to avoid any forgery.
By replacing the trusted third party in transactions, the Blockchain itself certifies and stores the history of all asset transfers made through this technology. In fact, it provides a tracking and recording function. […] Each transfer is collectively verified by all nodes of the computer network through a complex cryptographic process. Thanks to this decentralized verification principle, transactions are practically non-falsifiable afterwards. Finally, this decentralization of asset transfers allows all Blockchain stakeholders to have simultaneous access to data. At the ticket office, both the buyer and the organizer can access the transaction history.
Excerpt from a Publithings article committing blockchain adoption in the event ticketing system
Could the cryptocurrency sphere finally be heard?
It took a long time for the government to want to trust the blockchain! By force of circumstances, it was finally considered a useful element. However, the proposal is not new and, like Publithings, many players in the events industry and in the world of cryptocurrencies have repeatedly proposed its use to secure tickets for concerts or shows.
Earlier in the week, John Karp, the co-founder of the NFT Factory in Paris, had already mentioned NFT’s interest in show tickets during an interview for BFM Crypto.
One of the key benefits of the blockchain is that the fake disappears. When you are faced with a blockchain, you can no longer simply find yourself in front of the paper replica, you cannot copy a QR code. There it is inevitable, the ticket is registered in the blockchain, it is used or not used. This is a use that will spread rapidly, not only in the world of NFTs but also in the world of ticketing.
John Karp’s speech for BFM Crypto
Argument confirmed by another guest on the set who then explained that in order for the ticket on the blockchain to be valid, one should present one’s crypto wallet at the entrance to the event and not a simple screenshot, theoretically avoiding a certain amount of usurpations. However, for the device to be effective, a tremendous amount of work on the security side will need to be done as NFTs and wallets can be usurped or hacked and buyers can easily be scammed. If it wants to implement the blockchain, the government will therefore have to find schemes to prevent users from being harmed in any other way.
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