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Introduction

Blockchain technology, on which leading crypto-currency Bitcoin is built, is being held up by reformers in the music industry as a means of creating a fairer distribution system for content creators.

Highlights

  • The most disruptive aspect of blockchains is that they provide an alternative to, and could eventually replace, the so-called trusted intermediaries that have emerged in most industries to run registries, keep records, handle transactions, negotiate terms, and so on.

Features and Benefits

  • Learn what potential applications blockchain technology, smart contracts, and crypto-currencies have in the music industry.
  • Learn about the metadata and royalty distribution challenges facing the music industry and how the blockchain could resolve them.

Key questions answered

  • What potential applications could blockchain technology, smart contracts, and crypto-currencies have in the music industry?
  • What are the metadata and royalty distribution challenges facing the music industry and how can the blockchain resolve them?

Table of contents

Ovum view

  • Summary
  • The music industry badly needs a new royalties system
  • Will it overthrow the old order or reform it from inside?
  • Both winners and losers should learn to work with it

Appendix

  • Author

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