iEDM integrate Design, Engineering and Delivery Management services to convert existing spaces into exciting new entertainment venues. Our team consists of highly qualified professionals with diverse…read more
Ticketmaster acquires live events industry blockchain technology company UPGRADED
Leading global ticketing software and services business Ticketmaster has announced the acquisition of UPGRADED, a blockchain technology company servicing the live events industry.
UPGRADED converts traditional tickets into secure interactive digital assets protected by blockchain, providing event creators with more control and visibility over ticket distribution, and protecting fans against fraudulent tickets.
The acquisition advances Ticketmaster’s leading portfolio of identity-based venue access solutions aimed at creating a safer and more personalised experience for fans while providing valuable data and insights to event owners around where their tickets are distributed and who event attendees are. UPGRADED’s unique approach leverages blockchain technology combined with dynamic, encrypted barcodes to prevent fraud often associated with paper or pdf-based tickets. The solution can be implemented without requiring a venue to replace existing access control hardware.
The UPGRADED team and technology fits into a suite of breakthrough live event products that include Ticketmaster Presence®, Verified Fan®, and Blink Identity, a facial recognition tool. Presence, a next generation venue access control and fan engagement platform has been implemented in more than 175 venues across North America and is now driving league-wide digital ticketing at scale with the NFL. Verified Fan, a product developed to help event creators better identify and sell directly to fans through a unique and simple pre-registration process, has supported more than 100 top music tours to date.
Commenting on the acquisition, Sandy Khaund, founder and Chief Executive of UPGRADED, stated “Ticketmaster is the unquestioned leader in live event ticketing and is the perfect platform for us to bring the unique promise of blockchain to millions of fans.
“UPGRADED leverages Blockchain to maximise trust for ticket holders, give control and flexibility to content owners, and data to teams and performers. We’re proud of what we’ve built and are looking forward to working with the incredible team at Ticketmaster to help us scale.”
Ticketmaster, North America Chief Product Officer, Justin Burleigh added “Ticketmaster is constantly exploring emerging technologies, and there aren’t many that have the unique possibilities of blockchain.
“We’re excited to have UPGRADED join the team as we continue to focus on providing the world’s leading identity-based ticketing platform to fans, artists, and our clients. We think blockchain and UPGRADED will continue our progress to improve ticketing and create a safer and more seamless experience.”
12th October 2018 - Live Nation enters partnership to develop integrated resort in South Korea
17th August 2018 - Ticketmaster Australia looks to continue resale operations
28th June 2018 - Australian ticket buyers caught in Ticketmaster data breach
20th March 2018 - Ticketmaster Awards reveal best-selling events of 2017
2nd March 2018 - Live Nation registers record revenues through 2017
2nd February 2018 - Sweatcoin growth precedes potential Australian arrival
28th February 2017 - Ticketmaster Australia renews Riverstage partnership
24th February 2017 - Ticketmaster’s Maria O’Connor named female Chief Executive of the Year
13th October 2011 - Ticketmaster delivers social connectivity into interactive seat maps
30th June 2009 - Ticketmaster and Feld agree Global Ticketing pact
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Polin was founded in Istanbul in 1976, and has since grown into a leading company in the waterparks industry. Today Polin is one of the world leaders in the design, production, and installation of…read more
The Jump Pad is a safe, flat inflatable made in a variety of sizes which can be used indoor or outdoor. From 3mx3m up to a whopping 9mx21m. Markets include Indoor and outdoor playgrounds, schools,…read more
Ausfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…read more
Clubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…read more
Welcome to The Pool Enclosure Company (TPEC). We provide a large range of premium commercial and residential retractable swimming pool, spa and terrace enclosures throughout Australia, servicing…read more
Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…read more
Yellowbox is an Australian technology company that has developed smart locker technology operated through an app with a focus on experience for users and facility managers. Found at Beaches, Aquatic…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!