Blockchain technology can’t write songs or play instruments – at least not yet. But, it might be able to ensure that those who do get the proper credit and compensation, a problem that has always bedeviled this $15bn industry.
Since the start of the 2017 alone, both The Three Degrees and The Carpenters have brought cases against their record companies for alleged unpaid royalties. And the modern move towards streaming services, like Spotify and Jay Z’s Tidal, has brought a plethora of cases where artists said they have not been adequately compensated for the use of their music.
Read Article: CoinDesk