*By Jacqueline Corba*
Blockparty, a ticket-selling start-up, wants to block the bots from nabbing all the good seats and prevent ticket fraud by using blockchain technology to sell concert tickets.
"There's enough people who've had fake tickets outside Madison Square Garden or other venues, and we're really trying to solve those problems, " the Blockparty co-founder and CEO Shiv Madan said Thursday in an interview with Cheddar's Crypto Craze.
Blockparty launched over Memorial Day weekend, selling tickets for the [Elements Music Festival] (http://ampthemag.com/the-real/blockparty-launches-publicly-after-ticketing-vip-events-at-elements-lakewood-music-festival/) in Lakewood, Pa. More than 7,000 people attended.
But concert-goers will have to wait before purchasing their next concert ticket on the company's mobile app. Madan said Blockparty won't sell tickets for events until later in the summer concert season.
Blockparty attaches a digital identity to a ticket, so when users buy or sell a ticket, their information is stored on the blockchain. The company's service is free for now, but Blockparty plans to introduce ticket fees based on the size of the event.
Currently users can buy tickets ー when they're available ー with fiat, but Blockparty plans to eventually accept cryptocurrencies too.
For the full interview, [click here](https://cheddar.com/videos/how-blockparty-is-applying-blockchain-to-concert-tix).
Kore.AI CEO, Raj Koneru, sits down with Kristen Scholer at the New York Stock Exchange to discuss his company and the future of artificial intelligence.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
In an interview Monday with Nicolai Tangen, CEO of Norges Bank Investment Management, Musk went on to predict AI will exceed all human intelligence within the next five years.
Nearly half of teenagers admit to using ChatGPT on their assignments. App Sizzle AI wants to give artificial intelligence a better reputation by actually helping them learn.
Barney Hussey-Yeo, CEO of Cleo, discusses why the financial services app’s A.I. assistant roasts its users with love, plus why Gen Z’s spending habits might surprise you.
