For Visa: Smart contracts that hold the money for 30 days and a real-world interface for customer service (new companies will be borth to offer this I bet) will mean lower fees.
Except for the fans that couldn’t get a ticket because it’s the first time they do and they go to the back of the line, or the ones that sold a ticket because they couldn’t attend and now they can’t buy tickets.
> Smart contracts that hold the money for 30 days and a real-world interface for customer service (new companies will be borth to offer this I bet) will mean lower fees.
Which means a 30-day payment lag for everyone and is far more prone to abuse if the client can unilaterally charge back any transaction. Also doesn’t help when credentials are stolen.
For the payment lag, that's what we have now with Visa/MC. No difference.
Blockchain does not do too much to eliminate scalpers. One could easily make thousands of wallets, buy the tickets and then resell them. What stops scalpers is tickets tied to personal identity, and blockchain can't really tie wallets to personal identity without a central physical authority.
> Visa and Mastercard will most likely be replaced
Visa and Mastercard won't be replaced as long as cryptocurrencies do not provide fraud protection or chargebacks (that seems a little bit impossible given the irreversibility of crypto transactions) or credit lines that require less than 100% collateral.