Invention Grant
- Patent Title: Digital securitization, obfuscation, policy and commerce of event tickets
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Application No.: US16283506Application Date: 2019-02-22
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Publication No.: US11270271B2Publication Date: 2022-03-08
- Inventor: Sanzib Khaund
- Applicant: Live Nation Entertainment, Inc.
- Applicant Address: US CA Beverly Hills
- Assignee: Live Nation Entertainment, Inc.
- Current Assignee: Live Nation Entertainment, Inc.
- Current Assignee Address: US CA Beverly Hills
- Agency: Kilpatrick Townsend & Stockton, LLP
- Main IPC: G06Q20/04
- IPC: G06Q20/04 ; H04L9/32 ; G06Q20/38

Abstract:
The present disclosure provides systems and methods that may convert traditional tickets into secure digital assets protected by cryptographic public/private keys that deploy these tickets on a blockchain. By structuring these tickets as smart digital contracts, such system can act as a self-policing escrow while simultaneously allowing ticket issuers greater control over the tickets after the tickets leave the ticket issuers' possession. The system can incorporate specific capabilities into the digital assets to provide an increased level of multiple ownership, security granularity, and sales restrictions in ticket transactions.
Public/Granted literature
- US20190188653A1 DIGITAL SECURITIZATION, OBFUSCATION, POLICY AND COMMERCE OF EVENT TICKETS Public/Granted day:2019-06-20
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