GET Protocol announces big new user for its blockchain-based ticketing solution 0 8
GET Protocol, the leading blockchain-based ticketing solution,
is expanding in usage and adoption with the integration of a second ticketing company: ITIX. Smart tickets issued by ticketing companies who make use of GET Protocol are digitally programmable and registered on the blockchain, bringing transparency and accountability to the ticketing industry. The protocol has issued over 200.000 tickets to date, none of which have been re-sold by scalpers.
Quick explainer of GET Protocol.
For each issued ticket, the GET crypto token is needed as a fuel within the protocol. This GET is then bought up from the open market. To read more about GET Protocol or the GET token, read up on the GET Medium blog. Currently ITIX handles ticketing for 23 theaters throughout the Netherlands, and sells more than 2 million tickets per year. Their ambition is to continuously grow and offer innovative services to their clients, of which GET Protocol’s honest tickets is a notable example.
From GET Protocol CEO Maarten Bloemers:
‘Our partnership with Dutch ticketing company ITIX is very exciting in various ways. Not only will we learn how to make the technical onboarding for ticketing companies as easy as possible with a committed local partner, also the opportunity costs for choosing not to service theaters directly but through an established brand are virtually non-existent. GET Protocol is extremely committed in helping ITIX grow in market share with our unique features, to both our benefit.’ The integration of these honest tickets issue by GET Protocol for the clients of ITIX will be done in phases. Starting later this quarter, ITIX will offer their clients the possibility to provide consumers the comfort and benefits of GET Protocol’s digital tickets.
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