“We’re excited to be one of the first blockchain conferences to utilize blockchain ticketing. As a blockchain conference, we think it’s important to be utilizing the technologies that we espouse,” said Adam Williams, CEO of the World Crypto Conference.
World Crypto Conference is using the Blockparty and FomoHunt platforms to enable ticket payments in both cryptocurrency and fiat currencies.
FomoHunt describes itself as a “social discovery platform for cryptocurrencies” that features dataset on crypto and blockchain founders, teams and events, while Blockparty provides a blockchain-based live event ticketing platform that aims to improve the event ticket purchasing process, and eradicate bots and fraud.
Using a combination of digital identity, non-fungible tokens (NFTs) representing tickets, and on/off chain and batch processing, Blockparty has built a system that enables event producers, venues, performers, fans and ticketing companies to interact securely and effectively in both primary and secondary ticket markets.
At the center of the Blockparty Protocol is a digital identity technology that enables the transferable proof of title of a ticket from the primary market to, and within, the secondary market. Tickets on Blockparty can be stored on mobile devices and unlocked with the digital key. Encrypted biometrics can also be implemented directly as tickets at the gate.
Blockparty claims its blockchain ticketing solution has already been used to ticket dozens of events including its very own 4,000-person music festival, Best Life, which took place last September in Miami.
“Ticketing is the primary source of revenue for large-scale events like World Crypto Conference and blockchain can give event organizers a more holistic view of the process while providing them with access to new audiences,” said Shiv Madan, CEO of Blockparty.
World Crypto Conference (WCC) 2019 is set to bring together thought leaders from notable companies to discuss the implementation and real-world use cases of blockchain, digital currency, and the many ways the emerging technology is disrupting global enterprises. Topics of discussion will focus on distributed ledger technology, blockchain use cases, digitized assets, disruption, and developments in the adoption of digital currency. The event will also feature the WCC Dev Con as well as the WCC Mining Conference.