Abstract: This project presents the development of an innovative NFT (Non-Fungible Token) Based Ticketing System, leveraging the Ethereum Blockchain and ERC721 standard. In a traditional ticketing system, tickets are often prone to duplication and fraud, leading to inefficiencies and security concerns. By adopting NFTs as tickets, we introduce a novel approach that enhances security, traceability, and ownership verification. The system allows users to book tickets for various events, shows, and movies seamlessly. Each ticket is represented as a unique NFT, ensuring its authenticity and preventing unauthorized duplication. Through smart contracts deployed on the Ethereum Blockchain, ticket issuance, distribution, and validation processes are automated, providing a transparent and tamper-proof ticketing experience. Key features include user-friendly ticket booking interfaces, secure payment integration, and robust ticket validation mechanisms. Security measures such as cryptographic hashing and decentralized storage enhance the integrity of ticket data, while scalability considerations ensure efficient handling of a growing user base and transaction volume. This project demonstrates the potential of NFTs in revolutionizing the ticketing industry by addressing longstanding challenges and improving the overall user experience. Through the adoption of blockchain technology and innovative tokenization methods, we pave the way for a more secure, transparent, and decentralized ticketing ecosystem.
Keywords: NFT Based Ticketing System, ERC721 standard, Blockchain technology, Ticket authenticity
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DOI:
10.17148/IJARCCE.2024.134208
