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Implementation of a P2P NFTs protocol (ERC-721) designed to mitigate ticketing industry hitches
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Abstract(s)
Os mercados secundários ilegais têm sido um incómodo de longa duração para a indústria da bil heteira. Os revendedores tendem a comprar agressivamente o maior número possível de bilhetes
disponíveis, com o objectivo de os vender noutros locais por um lucro imenso. Após um esgota mento de bilhetes, os clientes interessados não têm outra escolha senão pagar a quantia exorbitante
solicitada. Esta cadeia de eventos introduz um mercado injusto e desprotegido para os clientes em
geral. Têm surgido propostas e implementações para diminuir esses efeitos, mas a solução perfeita
ainda está para vir. Desenvolveu-se um protocolo sustentado pelo sistema Ethereum e que faz uso
de NFTs com o objectivo de fornecer um sistema de bilheteira transparente, aberto, descentral izado, e honesto. Nesta tese incidiu-se fortemente na investigação em torno da segurança e técnicas
de optimização para a escrita de smart-contracts. Além disso, nesta dissertação documentou-se
detalhadamente o desenvolvimento, testes, e estratégias de validação utilizadas para a entrega do
protocolo. Concluiu-se que embora o protocolo sirva notavelmente para o seu propósito, existe
uma clara limitação, um mercado central autoritário. No entanto, acredita-se que o trabalho aqui
implementado posssa servir de orientação para novos utilizadores destas tecnologias, ou servir de
inspiração para ideias recém-nascidas baseadas em blokchain.
Illegal secondary markets have been a long-lived hassle for the ticketing industry. Scalpers tend to aggressively buy out as many available tickets as possible with the goal to sell them elsewhere for an immense profit. Upon a sold-out, interested customers have no choice than to pay the exorbi tant amount asked. This event-chain introduces an unfair and unprotected market for the overall customers. Proposals and implementations to diminish those effects have been emerging, but the perfect solution is yet to come. We have developed a protocol underpinned by the Ethereum sys tem which makes use of NFTs with the goal of providing a transparent, open, decentralized and honest ticketing system. This thesis strongly focused on research regarding security and optimiza tion techniques for smart-contract coding. Moreover, this dissertation thoroughly documented the development, testing, and validation strategies used to deliver the protocol. We conclude that although the protocol notably serves its purpose, there is one clear limitation, a central authorita tive marketplace. Nevertheless, we believe the work herein implemented can serve as guidance to onboard new users to these technologies, or serve as inspiration for newborn blockchain ideas.
Illegal secondary markets have been a long-lived hassle for the ticketing industry. Scalpers tend to aggressively buy out as many available tickets as possible with the goal to sell them elsewhere for an immense profit. Upon a sold-out, interested customers have no choice than to pay the exorbi tant amount asked. This event-chain introduces an unfair and unprotected market for the overall customers. Proposals and implementations to diminish those effects have been emerging, but the perfect solution is yet to come. We have developed a protocol underpinned by the Ethereum sys tem which makes use of NFTs with the goal of providing a transparent, open, decentralized and honest ticketing system. This thesis strongly focused on research regarding security and optimiza tion techniques for smart-contract coding. Moreover, this dissertation thoroughly documented the development, testing, and validation strategies used to deliver the protocol. We conclude that although the protocol notably serves its purpose, there is one clear limitation, a central authorita tive marketplace. Nevertheless, we believe the work herein implemented can serve as guidance to onboard new users to these technologies, or serve as inspiration for newborn blockchain ideas.
Description
Keywords
Ticket scalping Blockchain Ethereun NFTs Smart-contracts Informatics Engineering . Faculdade de Ciências Exatas e da Engenharia