PeerTracks: Paradigm Shift In Music World
The time has come for starving artists to finally make real money from their music. As the Internet disrupted the way record labels make their money, the blockchain is taking this another step by threatening to render them useless. PeerTracks is matching the artist up with the audience and allowing them to both make money, all the while spreading....
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Ever consider what the future of the music industry looks like with the advent of blockchain technology? Cédric Cobban certainly has. Co-founder of PeerTracks and member of the BitShares Music Foundation, Cédric seems to have a clear vision when it comes to music's role in the emerging decentralized economy. I recently had the opportunity to speak with Cédric about the PeerTracks P2P music platform and his outlook on the future of music and what it means for both artists and fans. Also read: Bitshares Out to Make P2P Music Profitable. Listen, The Future Of Music. What is PeerTracks and why....
There is one thing stronger than all the armies in the world, and that is an idea whose time has come. - Victor Hugo. French poet and writer. 1802 - 1885Historians may look back on these current days with fascination. We may be living through the beginning of one of the biggest paradigm shifts in modern human history. The way the world actually thinks about money and stored value might be changing in a tidal wave of recognition. This article will define what a paradigm is and what a paradigm shift looks like. Perhaps we may understand how to prepare and perhaps benefit from the embryonic....
There are many people who believe the music industry is broken. With physical sales plummeting to non-existent levels, digital and streaming music is the way the system operates today. However, artists are receiving only pennies for millions of plays and as much as 70% or more goes to the labels and distributors. A service called PeerTracks and a....
Cryptocurrency exchange CCEDK announced today that its Bitshares 2.0-based platform OpenLedger and a music streaming company PeerTracks have partnered with a new blockchain-based platform called MUSE to offer unique opportunities for monetising music. MUSE suites for variety of music-related payments such as royalties, music sales, merchandise and concert ticket sales. Moreover, it is easy to use not just for cryptocurrency users but for anyone as OpenLedger offers a fiat gateway that allows consumers to buy music and artists to sell it for USD, or to be correct for crypto-USD. MUSE....
Billboard recently reported that two companies, PeerTracks and Ujo, are building a system which would attempt to solve the issues that music world is finding it hard to deal with, i.e., licensing and global royalty distribution. And here is the part that will be 'music' to our ears as well; it plans to use blockchain technology to do so! Blockchain is a highly decentralized network run by people who update all transaction in real time. What makes this network transparent is that these individuals are not under any company. These records are kept on a public ledger which is open to anyone....