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March 31, 2018, 03:56:11 PM |
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The Calendollar is the next phase of the evolution of the ticket, transforming it into a secure digital asset using blockchain and organizer controlled smart contracts. Tickets are held, redeemed, and managed by the consumer within a digital ticket wallet, just like any other crypto coin, with the same degree of embedded transparency and control. The blockchain enables decentralization while its ledger ensures ticket validity. Smart contracts enable organizer control over ticket sale, resale, and exchange while regulating payments, fees, and commissions throughout the ticket lifecycle from initial release to redemption at event entry.
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