The Chicago Sun Times, one of the pioneer newspapers that provided its users the option to pay their newspaper subscription with Bitcoin, is offering concert tickets that people also can buy with Bitcoin. The current tickets that have this option are for upcoming concerts of Jay-Z & Beyonce.
Now how will this work? The Chicago Sun Times will run product ads featuring QR codes. Readers will then be able to scan the codes and conduct transactions in Bitcoin to make a purchase.
This is based on soon-to-be-released technology. The first deployment of Bitcoin QR code-enhanced ads is coming soon, and will let readers buy tickets to an upcoming concert featuring Jay-Z and Beyonce at Chicago’s Soldier Field via a local ticket exchange.
According to Josh Metnick, chief technology officer for the Chicago Sun Times’ parent company, Wrapports, the initiative will reshape the way that advertisers and consumers interact within a media setting.
But the fun doesn’t stop there. What if a person doesn’t have any Bitcoin in their wallet? Not to worry. Mr Metnick and his team are on the problem and are currently developing the same possibilities for some popular alt coins.
In the near future people that have Litecoin, Dogecoin, Peercoin and possibly even Blackcoin in their wallet could use them to pay for their concert ticket.