In A Blockchain World, BA Wouldn’t Have Been Able To Just Cancel Tickets

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I am gobsmacked! Over 2,000 people booked tickets from British Airways, and were then told that the tickets were too cheap, and each of them were cancelled.

At a recent Blockchain meet-up I give the example of an online bet, where Huddersfield were winning 2–0 at Crystal Palace with 20 minutes to go, and the odds were 100–1 for Huddersfield to win. A punter then put £100 on the bet at 100–1. Huddersfield went on to win 3–0, and the person thought they were to win £1100, but the bookmaker said it was a mistake and refused to pay up:

Personally, I think in both these cases, that a contract had been created between the buyer and the seller, and that any “get-out” clauses should have been well-defined and codified.

The farce of the BA ticket scandal included a ticket for £1 plus airport taxes, and which should have been around £195. Another flight…

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Prof Bill Buchanan OBE FRSE
ASecuritySite: When Bob Met Alice

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.