Need for speed
The thing that jumps out for ticketing is you need speed. Fast processing is essential not just at the point of purchase but also when entering a venue. Thousands of people will need to have their ticket barcodes scanned and verified in a short period. However, the GET whitepaper says: “Currently, blockchain technology is too slow to accommodate a robust, competitive, and user-friendly instant verification ticketing system at times of such peak capacity. This disadvantage would prevent adoption of a blockchain based solution by the current stakeholders in the market. Until blockchain can accommodate all of the needs of stakeholders—and we believe it will, in time — the GET API fills in the blanks.” The whitepaper says it will gradually introduce more on-chain solutions.Article continues …
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