Blockchain

Rakuten Launches Minna no Ticket from NFT Marketplace

Rakuten Group, Inc. revamped its user-facing NFT marketplace, "Rakuten NFT," into "Minna no Ticket," a ticket resale platform utilizing blockchain technology. "Minna no Ticket" is a ticket resale platform that uses blockchain technology to create digital tickets called "NFT Tickets," allowing all transactions from primary sales to secondary distribution to be completed smoothly online, ensuring safe and secure ticket distribution. Sellers are free to set the listing price for the "NFT Tickets" sold on this service in secondary distribution. NFTs record transaction history and owner information within the data itself, and blockchain technology allows for all transaction histories to be recorded in a transparent and immutable format. This provides excellent protection against counterfeiting and unauthorized resale, allowing users to safely and securely sell tickets they no longer need due to…