RATE Group | UEFA Tokenizing Over 20K VIP Tickets using Ethereum Mobile Wallet
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UEFA Tokenizing Over 20K VIP Tickets using Ethereum Mobile Wallet

UEFA Tokenizing Over 20K VIP Tickets using Ethereum Mobile Wallet

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AlphaWallet, an Ethereum mobile wallet, has said they will tokenize 20,000 VIP UEFA Euro 2020 tickets. In an interview with Digital Journal, CEO of AlphaWallet CEO Victor Zhang, disclosed the progress.

During the next year’s UEFA Euro 2020 Tournament, the VIP ticket holders will make use of the blockchain technology made available by AlphaWallet.

The tokenization platform was developed using Ethereum blockchain.

The first phase, according to him, was tested during the FIFA World Cup 2018 in Russia. The blockchain firm during that time solved some of the biggest issues like regulatory issues and fraud in the ticketing firm.

Victor said AlphaWallet confirmed a partnership with UEFA’s official Sales Agent, Shankai, in October, and the firm has granted them permission to tokenize +20,000 official VIP tickets using blockchain.

AlphaWallet had a successful experience with Shankai during the FIFA World Cup 2018, when they were made the exclusive sales…

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