Blockchain-based ticketing system

BYK ticketing system consists of two main parts.

First, on the main page, you can check all open performances and purchase tickets for them. The contents of the performance, it is classified according to the category specified by the seller, and you can find the performance you want through a search.

Second, on the user's page, information on tickets purchased or performances held by the user can be checked. When selecting a purchased ticket, you can check the QR code and transfer it.

Purchase of ticket

The performance seller issues a token containing information about the performance by setting the performance name, detailed information about the performance, ticket price, and the number of tickets. Tickets for performances are issued in the form of tokens. When a ticket is purchased, the ownership of the ticket is changed to the purchaser, and a QR code for the ticket is issued together. The issued QR code can be captured or stored so that a transaction using the image can occur.

In regions where payment with virtual currency is currently not possible, buyers can only purchase with Fiat money. BYK Station receives the buyer's ticket purchase request to Fiat, then SWAPs itself with BYK and deposits it into the payment system to complete the transaction on the blockchain.

The seller can select Fiat or BYK at B station to get settled.

Transfer of ticket

In order to transfer the ticket, if the current owner of the ticket inputs the transferee's wallet address and presses the transfer button, the ownership of the ticket is changed to the transferee. When the person who receives the ticket enters his or her wallet address for the transferred ticket and authenticates to obtain the right to transmit the ticket, the transfer of the ticket is completed.

It is possible to designate the maximum upper limit of the transfer amount, and it is possible to pay royalties to the creator through the application of royalty at the time of transfer. There is an advantage in that scalping transactions and ticket counterfeiting are fundamentally blocked.

Tickets are issued as NFTs (transacted as virtual currency on the DApp exchange), and can be traded as BYK on the BYK platform.