Backstage working on different aspects of event management

BKSBackstage Official
3 min readJul 29, 2021

Non-Fungible Token, as known as NFTs, has taken the tech world by storm and is beholden to a bullish run that is nowhere near stopping. A non-fungible token is used for the purpose of recording the identification of information of the digital assets. There are various blockchain networks that are used to develop NFTs, including Ethereum, Binance Smart Chain, TRON, Matic, Flow, etc. But, Binance Smart Chain is considered to be the best blockchain network of all as it is cheaper, reliable, decentralized, scalable, and adaptable in every sense.

All the above factors and course of action inspired Backstage to develop a go-to coin that can be used for multiple purposes in the event industry on Binance Smart Chain and follows BEP-20 token standards. Backstage as a team has developed a coin that can be used for any kind of event in the industry.

Different aspects of event management where Backstage will work:

  1. Transaction- A cryptocurrency- $BKS that can be used for different transactions in the industry. A fluent currency that can be used for every event in the industry by using the leading European payment and trading system for cryptocurrencies.
  2. Source of Finance- A futuristic token that will become the main source of finance for the industry in the near future.
  3. Supply-chain- From stock ordering to delivery, from the beer factory to the table at the bar.
  4. Sales, stock control, and P&L certifications via blockchain to avoid theft, which is a common practice in this industry.
  5. NFT- an NFT marketplace for artists in the industry to tokenize and monetize their work.
  6. Certification- Certification of licensed food and beverage, alcohol, health and safety, medical protocols, fire and emergency protocol, sound certifications, capacity certification, disable infrastructure license, landmark and planning permissions, environmental certifications.
  7. Machine learning- Machine learning, which will help in automating data entry, maintenance management, and financial/ cost analysis.
  8. Direct communication- It will facilitate direct communication among all the parties by reducing the problem of bureaucracy.

The event industry is evolving at a rapid pace. The implementation of avant-garde technology in the industry has brought many changes, which has facilitated many benefits to the event organizers and participants like ticket sales, identity management, security, prevention of frauds, and much more!

Conclusion:

Even though technological evolution has been brought, there is still a lot more mess that needs to be cleared out. Therefore, Backstage leveraged the herculean power of cryptocurrency and blockchain technology to develop a token ($BKS) and is on its way to offer benefits to its users around the world. Every single task is just a tap away from Backstage.

ICO is a very common thing that we have come across in every crypto project. ICO is conducted so that funding can be extracted and the project can run. But, Backstage is already a developed project. It does not rely on its users to develop the project. It just wants its users to be a part of its journey and shine together. Therefore, it will organize an ICO sale very soon.

Stay in touch. Visit https://bksbackstage.io/ for more information.

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