In recent years, blockchain technology has witnessed significant
attention and adoption across various industries due to its potential to
revolutionize traditional systems. Non-Fungible Tokens (NFTs), a unique form of
digital asset authenticated and stored on a blockchain, have emerged as a novel
application within this domain. This paper proposes ELYSIUMGATE, a conceptual
framework that harnesses NFTs to enhance the organization and execution of
events. By leveraging blockchain’s immutability, transparency, and
decentralized nature, ELYSIUMGATE aims to address key challenges associated
with event management, including ticketing, authentication, and engagement.
This research explores the technical architecture of ELYSIUMGATE, its potential
benefits, and implications for event organizers, participants, and stakeholders.
Additionally, it discusses potential risks and limitations associated with
implementing NFTs in event management. Through a comprehensive analysis, this
paper demonstrates how ELYSIUMGATE can contribute to achieving event perfection
by ensuring trust, security, and efficiency in event organization and
execution.
Author
(s) Details
G Prakash Babu
Department of Computer Science and Engineering, Acharya Institute of
Technology, Bangalore, Karnataka, India.
Ayush Bal
Department of Computer Science and Engineering, Acharya Institute of
Technology, Bangalore, Karnataka, India.
Purvi Singh
Department of Computer Science and Engineering, Acharya Institute of
Technology, Bangalore, Karnataka, India.
Abhiraj Das
Department of Computer Science and Engineering, Acharya Institute of
Technology, Bangalore, Karnataka,
India.
Akshara A.S
Department of Computer Science and Engineering, Acharya Institute of
Technology, Bangalore, Karnataka, India.
Please see the book here:- https://doi.org/10.9734/bpi/mono/978-93-48859-98-3/CH10