Yeah good question. I didn’t elaborate very well on that. The inefficiencies come about in transactions by separate parties. I am no expert on how Ticketmaster

Yeah good question. I didn’t elaborate very well on that. The inefficiencies come about in transactions by separate parties. I am no expert on how Ticketmaster works, but I will use an event ticket as an example. If customer(a) buys a ticket from a venue and wants to sell it to customer(b), there are 4 separate parties dependent on that transaction. The current solution is having Ticket unique Ticket stubs which are difficult enough to counterfeit that they protect the transactions enough but counterfeit tickets do get made and sold often. Those make cause for problems. And, selling the physical tickets requires a physical transaction. All of these things mark inefficiencies. These mirror the inefficiencies overcome by cryptocurrencies in that the solutions replace stringent centralized enforcement with decentralized access.