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Platinum Digital Offers Innovative Blockchain Solution To Online Ticket Controversies

Fans of live music, sporting, and other events have been suffering. From online ticket scalping to fake tickets, they are being robbed of money, time, and the chance to attend their favorite events. Now, Platinum Digital offers the solution – an innovative blockchain approach to protect ticket sales.

The company, based in Los Angeles, relies on a blockchain digital ledger that tracks online transactions. This patented technology has been evolving since Platinum Digital’s foundation in 2018, and it allows Platinum Digital to secure tickets; tackle the exorbitant prices charged by Ticketmaster, scalpers, and other resellers; and ensure fans buy verified tickets and get to see their events. They can even set maximum price caps to safeguard against extortionate resale prices, which have, in recent news, attracted lawsuits and even the scrutiny of the US Congress.

“Platinum Digital isn’t a digital currency; it’s a way to safeguard the fan experience by protecting online ticketing,” says Joseph Goulet, Platinum Digital’s founder. “It’s a feature of the blockchain itself. Every ticket is a unique digital asset, which can’t be illegally transferred or manipulated.”

Read More: Yahoo Finance