Fraud is estimated to cost the telecom industry over USD $38 billion annually. Learn about the different means of telecom fraud and how STRATO can be used to address the core issues behind them.
Mobile ticketing is the most popular purchasing method for sports and entertainment events, with customers spending over $10.6 million per year. However there is a growing problem of counterfeit and fraudulent secondary-market ticket sales on unknowing consumers.
By building a distributed ledger of verified data, airlines, agents, and other industry players gain greater visibility to secure data like ticket information, loyalty services, aircraft maintenance records, and payment/settlement records.