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2018-10-19 21:00:00

Ticketmaster Acquires Blockchain Startup Upgraded to Help Prevent Ticket Fraud

Ticketmaster, a California-based multinational ticketing technology firm, has reportedly acquired blockchain startup, Upgraded. The acquisition was made in order to use Upgraded's blockchain-based software to determine whether tickets issued a genuine. Ticketmaster has bought Upgraded at a time when there have been accusations against the company for hiring "pro scalpers" to conduct ticket sales.