EventChain is an advanced distributed blockchain token network driven by a smart contract ticketing system (SmartTickets™). EventChain solves many existing event ticketing systems It also provides additional benefits of using the blockchain as the basis. The EventChain system and its EventCoins encourage all people in the ecosystem, including all equity holders such as sports And concert managers, party organizers, social clubs and event ticket buyers, use event coins (EventCoins) and other traditional payment methods to sell or buy smart tickets (SmartTickets).

EventChain will provide a simple user interface for event managers to manage and execute SmartTickets, global sales of small to large events supported by blockchain technology and event coins , thus reaching a real P2P etc. network to buy and sell event tickets.

EventChain has the opportunity to become the first blockchain application that will be widely used by the public in the real world without knowing any decentralized technology.

Project Highlights

EventChain's Ethereum blockchain mainchain provides the necessary framework to perform scalable, fast, and cryptographically secure SmartTickets transactions. This system will enable technology-based smart contracts to create SmartTickets, utilizing the functional power of EventCoins as proof of purchase. EventChain's ticketing platform can operate with fiat currencies; however, the SmartTickets utility can only be optimized when using Smart Coins (EventCoins).

SmartTickets act as proof of purchase for an event, containing enforceable pre-conditions programmed into tickets based on smart contracts, using Ethereum’s own programming language Solidity. These conditions can be changed to store immutable information given any kind of imaginable activity.

The implementation of EventChain's blockchain token network for event management presents an opportunity to upgrade the current event ticketing industry to faster transactions, indisputable tickets, transparency from event organizers and usage Fully programmable event coins (EventCoins).

The Ethereum network provides a distributed, Turing complete, virtual machine capable of running a large number of distributed applications (dapps), including smart contracts, token systems, distributed file and data storage, and the creation of distributed Autonomous Organization (DAO). Anyone can implement a smart contract to solve any computational problem, logic in other programming languages, and turn it into an enforceable Solidity contract. Ethereum is the ideal foundation for EventChain's SmartTickets system.

Application Scenario

1. Use EventCoins to provide advanced functions of SmartTickets so as to solve the problem of a large row of event ticket sales. See the following sections for details.

2. Provide some benefits for holders of EventCoins such as purchasing tickets in advance, priority seats and price discounts.

3. Promote the use of EventCoins on the EventChain smart ticketing platform. While EventChain will use EventCoins from over 205,000 suppliers in 182 different countries with different payment channels and accept EventCoins to purchase products and services, these all important ticketing benefits will only be available to those using EventCoins (EventCoins) people.