Why the Music Industry Needs the Blockchain

Blockchain, Blog, Data, Music, Technology

imageMusic publishing desperately needs some form of public ledger withholding all records of whom is owed what. Blockchain -still- seems to radiate the best potential solution for an efficient transparent automated payment system and a centralized database. This fervor clearly resonated early June this year at the annual MIDEM conference in Cannes, France. Blockchain has been a sizzling hot topic thanks to momentum generated by two articles written by Benji Rogers, founder of PledgeMusic and the driver of the dot blockchain music project.

The topic of using the Blockchain as a solution to the key problems of music publishing has become increasingly popular among music industry executives and artists alike.

Source: Musonomics

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