D-event will test and validate the following blockchain-based solution in the scope of BlockStart:
The belgian startup Be Blockchain SRL launches “d-event”, a collaborative and decentralized platform project for cashless and ticketing management. Cashless, mostly known in big festivals, allows a consumer to load a virtual account with tokens, or an ephemeral NFC support, and pay electronically during the event. This system is managed by a supplier.
D-event offers a completely new kind of ecosystem thanks to the integration of Blockchain technology, which eliminates the need for intermediaries in payment and ticket creation.
“Like the monetary system, the traditional cashless system is centralized and vulnerable to corruption. With d-event, we want to tackle this problem by starting with a niche: festivals, because they function as a small economy in itself, with its consumers, managers, businesses and even a central bank, which is none other than the cashless system provider who manipulates the creation and destruction of tokens” Harold Kinet, co-founder and CEO.
With d-event, everything is done transparently and securely on a decentralized peer-to-peer network. This means that everyone can participate in maintaining the network by validating transactions. No more cheating is possible because it has become impossible to change the transaction history without the agreement of all peers in the network. This makes everyone in the ecosystem, from the festival-goer to the organizer and its suppliers, financially independent.