Maybe a dumb question, but is there any advantage in NFT-based tickets? Is there any problem if the ticket is stored in the airline database and not distributed in a ledger?
Yeah when you get your ticket as NFT it can’t be stolen airline tickets might not be that prone to this (cause booking needs your ID and stuff) but concert tickets and such.
It’s more expensive because all the engineers building those ticket systems are used to doing it the existing way. Training them all to use this new technology costs money. Then figuring out how to monitor it and all that jazz is more work then would need to do. So maybe it would be good but most companies probably won’t switch over to a new system unless there is a good reason. Especially if what they already have is working for them.
They weren’t stolen on the side of the buyer but on the server side.
If your companys Server gets hacked you’d have bigger problems than the ticket NFTs of your customers being stolen (and you would know that meaning you can send them a new one)
Nope, it’s happening on the buyers side. Phishing, malware, trojan horse tokens (booby-trapped smart contracts) and swap scams are some of the common ways individuals have their tokens stolen.
The big advantage in my opinion, is that you’d be able to buy or trade that ticket, in a digital form, on any third party market (or privately) without the forced involvement of a third party company like Ticketmaster.
I am no l by no means an evangelist, but I personally do think there are some interesting use cases which haven’t been fully realized yet.
Maybe a dumb question, but is there any advantage in NFT-based tickets? Is there any problem if the ticket is stored in the airline database and not distributed in a ledger?
Yeah when you get your ticket as NFT it can’t be stolen airline tickets might not be that prone to this (cause booking needs your ID and stuff) but concert tickets and such.
So, just treat concert tickets with more security like plane tickets? Why use much slower and expensive method like blockchain?
Its actually not that much slower and also not expensive. Depends how its implemented of course.
Can also be used for other things, the tickets are just one thing that came to mind instantly.
It’s more expensive because all the engineers building those ticket systems are used to doing it the existing way. Training them all to use this new technology costs money. Then figuring out how to monitor it and all that jazz is more work then would need to do. So maybe it would be good but most companies probably won’t switch over to a new system unless there is a good reason. Especially if what they already have is working for them.
The large number of stolen NTFs beg to differ.
They weren’t stolen on the side of the buyer but on the server side.
If your companys Server gets hacked you’d have bigger problems than the ticket NFTs of your customers being stolen (and you would know that meaning you can send them a new one)
Nope, it’s happening on the buyers side. Phishing, malware, trojan horse tokens (booby-trapped smart contracts) and swap scams are some of the common ways individuals have their tokens stolen.
The big advantage in my opinion, is that you’d be able to buy or trade that ticket, in a digital form, on any third party market (or privately) without the forced involvement of a third party company like Ticketmaster.
I am no l by no means an evangelist, but I personally do think there are some interesting use cases which haven’t been fully realized yet.