BlockTicket: A framework for electronic tickets based on smart contract.

Abstract

As the use of digital subscription services like electronic tickets (E-ticketing) has grown in the age of e-commerce, so too have instances of copyright and violation. Because it is dependent on the centralized authority administration of authoritative institutions, the traditional E-ticketing system has a significant cost associated with it. Blockchain, which is a distributed system, has the characteristics of decentralization, anonymity, auditability, security, and persistency. These attributes allow it to address the problems that are currently being experienced by the E-ticketing system. In this study, we present a framework for E-ticketing that makes use of blockchain technology. The blockchain-based electronic ticketing model eliminates the involvement of third parties while also lowering the potential of data leaks and improving users' levels of privacy. This is accomplished by separating the credential information of users from the financial transactions. In the meanwhile, a blockchain implementation of the existing E-ticketing architecture has the potential to improve throughput, reduce the amount of redundant work, and boost the efficiency of consensus. An examination of the experimental data shows that the framework has a number of advantages, some of which are a high throughput, flexible scalability, and efficient ticket holding times.