News Report
June 15, 2022

2024 Olympic Games in Paris might use NFT ticketing

2024 Olympic Games in Paris might use NFT ticketing

Tickets to the 2024 Olympic Games in Paris might be sold as NFTs.

The incident that took place before UEFA Champions League final game last month made the French government consider more advanced security protocols. The game between Real Madrid and Liverpool was delayed due to mass ticket counterfeiting. The police had to use tear gas to restore order, and the event turned out to be an embarrassment for the country. 

In consequence, The French Government Olympics envoy Michel Cadot prepared a 30-page report for the Prime Minister’s Office. The report contains recommendations on the deployment of blockchain ticketing that could resolve fraud and fake ticket issues. 

Cadot said that personalised ticketing will be used during Paris 2024. The innovation would allow ticket holders to receive informative messages on transport, security, and venue entry via digital channels. The organization would send out NFTs a few days before the event, using SMS messaging. The QR codes for the entrance would be deactivated once visitors have accessed the venue. 

“This coordination, applied to other Major International Sporting Events of major importance upstream of the cut of the Rugby World Cup and the 2024 Olympic Games, would make it possible to prefigure the planned systems and to break in the working methods, as well as the reflexes of multi-actor management to face difficulties,” said Michel Cadot. 

France intends to use non-fungible token tickets during the 2023 Rugby World Cup as well.

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories

Missed Bitcoin’s Rise? Here’s What You Should Know

by Victoria d'Este
December 20, 2024
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
Markets News Report Technology
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
December 20, 2024
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
News Report Technology
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
December 20, 2024
Foresight Ventures Releases New Research On Story’s Protocol For AI-Driven IP Economy
News Report Technology
Foresight Ventures Releases New Research On Story’s Protocol For AI-Driven IP Economy
December 20, 2024
MultiversX Announces $1.5M AI-Focused Grant Program To Drive Ecosystem Growth And Expansion
News Report Technology
MultiversX Announces $1.5M AI-Focused Grant Program To Drive Ecosystem Growth And Expansion
December 20, 2024