The Aventus Protocol delivers a global standard for ticket exchange on the blockchain, allowing rights holders to define rules around their ticketing lifecycle to which everyone in the supply chain must adhere. In this presentation, delivered by Aventus CTO Andy Grant at TBF18, we overview some of the terminology used, dispel some of the myths around the technology and provide clarification around key areas of misunderstanding.

2. Artos: a bridge to blockchain, bringing
the power of the Aventus protocol to
ticketing.
A SaaS offering designed to handle the
complexities associated with a new
technology.

4. • Security is decentralised
• All parties in the supply chain can
collaborate efficiently and securely
• No central control – all parties have
equal stake in the system
• But rights holders retain central control
over their inventory

5. • Private chains have one
central authority who
controls the network
• Less secure and more open
to central manipulation
• Have merit in some cases
where trust is not an issue
(e.g. banking consortiums)
• Trades off security in favour
of speed
• Public chains are preferred
option as a backbone of
communication between
disparate entities
• Enable secure transactions
without relying upon inter-
party trust
• Provenance and audit trails
are immutable – no risk of
centralised manipulation
• Trades off speed in favour of
security

6. • Tokens act as incentives for participant
involvement, driving security and positive
behaviour
• Tokens need to have intrinsic value – this is
necessary in order to incentivise participation
and drive honest behaviour
• Critical to operation and security of the
Protocol
• Specific use-cases built upon the blockchain
require specific tokens with mechanics that
support and underpin the functionality of the
network

7. • Data on the blockchain is publicly
verifiable but not necessarily publicly
visible (can be obfuscated)
• Provides an immutable audit trail and
proof of provenance
• Sensitive and confidential information
is not exposed

8. • Ethereum is known to be slow: only 20
transactions per second, maximum
• Misconception is that blockchain is like the
backend of a system, and all the transactions and
business logic goes on it
• We use Ethereum purely as a ticket storage and
delivery system
• Ethereum-level security is maintained by using it
as a fall-back
• Lots of scalability solutions (e.g. Plasma)
underway; we are currently building proof of
concepts for our own decentralised scaling IP