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Currently, the blockchain technology on which cryptocurrency is based is used not only for digital money, but for many other aspects of people’s lives. Blockchain has become a very attractive technology for the music industry as well. With the help of the blockchain, music streaming processes, monetization, arbitrary modifications of content, mediation between creators and their customers, etc., can be improved. Also, using Bitcoin for music purchases can be much more convenient because of the possibility to convert it into any fiat currency without the need of leaving one’s home, fast transactions and relatively law payment fees. Every musical record made in a blockchain for music consists of the owner’s data, the copyright and other information in such way that everyone can see it.
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Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform.
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What could the rockstar be cooking up for the blockchain industry?
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Three entrepreneurs will discuss how innovation flourishes at the intersection of blockchain and music.
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DJ PLS&TY has launched 30 limited edition vinyls of his latest EP on an Ethereum-based art and culture platform.
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We’ll have three crypto music entrepreneurs on hand to discuss the future of the industry.
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The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split.
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Blockchain technology is tipping the scales of the music industry, shifting the power from intermediaries back to artists.
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Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties.
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Famed pop music video director Joseph Kahn has announced that cryptocurrency trading is his new favorite hobby.
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Digital music store eMusic launched its eMU token to help musicians earn more royalties.
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The crypto space gained another mainstream performer recently as Coldplay's bass player has funded a Bitcoin app.
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One techie music artist has hidden Bitcoin in his new album, and it's up for grabs to whoever solves the associated puzzle.
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If you can’t join ‘em… there’s still beats. Summer festivals and concerts are canceled, but you can enjoy the world’s top electronic dance music acts LIVE in your own home.
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DLT firms are targeting the copyright industry, with Ontology partnering with social creator platform OGQ to copyright 250 million pieces of digital content.
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