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Colombians develop technology to avoid counterfeited tickets

By Vera Abogados - 24/04/2019
Colombians develop technology to avoid counterfeited tickets

A group of Colombians inventors developed an app to find a definitive solution to the ticket counterfeiting activities in the country, which has been in boom and creating big economic losses for the sports and music industry.

The inventors, from the city of Cali, basically created an algorithm which recognizes a QR code on the ticket only once, therefore invalidating the ticket for future uses. "The blockchain that we implement prevents the QR code from being duplicated or used more than once. It is a dynamic blockchain, linked to the personal data of the person who bought the ticket online; the most interesting thing is that it allows the organizer of the event to do an exact follow-up of the ticket”, said Lina Sánchez, co-founder of the venture.

Their main goal is to ending the economic problems related to fake tickets and high resale prices, enabling tickets to be uniquely tied to their real owners and facilitating the commercialization.  

By Vera Abogados - 24/04/2019
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VERA ABOGADOS ASOCIADOS S.A.-, is a Colombian law firm with specialized lawyers, Founded more than 40 years ago, by Jorge E. Vera Vargas, Doctor in Law and Political Sciences of the La Gran Colombia University in Bogota D.C., Colombia. At present, with principal offices in the city of Bogota D.C., and offices in the cities of Cali, Medellin, Barranquilla, at national level, and at an international level in Ecuador and Panama.

The Firm is today a reference in the Andean Community, and it makes part of important international affiliations such as PRAGMA, EEIG. International Network of Law Firm, The International Trademark Association (INTA), Asociación Interamericana de Propiedad Industrial (ASIPI), Associação Brasileira da Propriedade Intelectual (ABPI), and the Chamber of Industrial Property Agents of the Republic of Argentina(CAPIRA).
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