Digital ticketing processes will now be capable of high-throughput transactions on GoChain’s trusted blockchain.
The upgrade from Ethereum to GoChain will see a 100x faster speed and performance for transactional ticket sales. With the consideration of energy consumption used to run transactions on the Ethereum network, switching to a greener network like GoChain, also resonates with EventChain’s sustainability values.
GoChain is a scalable, high performance, low cost, and decentralized blockchain that supports smart contracts and distributed applications. In May of 2018, GoChain launched their public network and has since gained tremendous traction, with little more than 6 months on the market. GoChain is among first-rate projects in terms of public smart contract protocols with live, functioning smart contracts and dApps for small business, enterprise and even indie developers.
“EventChain is pioneering one of the best blockchain use cases with digital ticketing. It will dramatically improve trust and ease of ticket transferability among other improvements. I also love that their technology is production ready. We welcome EventChain to GoChain’s trusted blockchain ecosystem.”— Jason Dekker, GoChain CEO
“EventChain continues to seek out leading synergistic technologies that will enhance and support the growth of our service. GoChain offers 100x the performance of Ethereum, which will be important in supporting the high number of transactions experienced during popular ticket on-sales.”— Ashton Addison, Founder of EventChain
Blockchain based event ticketing is now available online at www.EventChain.io
Media Contact Information:
Certain portions of this press release contain “forward-looking information” within the meaning of applicable Canadian securities legislation, which is also referred to as “forward-looking statements”, which may not be based on historical fact. Wherever possible, words such as “will”, “plans,” “expects,” “targets,” “continues”, “estimates,” “scheduled,” “anticipates,” “believes,” “intends,” “may,” “could,” “would” or might, and the negative of such expressions or statements that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved, have been used to identify forward looking information.
Forward looking statements should not be read as guarantees of future events, future performance or results, and will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if achieved at all. Readers should not place undue reliance on such forward-looking statements, as they reflect management’s current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable are inherently subject to significant business, economic, regulatory, competitive, political and social uncertainties and contingencies. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements.