What Can Bitcoin Do For The Music Industry?
The Bitcoin technology has a lot of applications, and the Music Industry is one of the areas where this new technology can bring up a lot of innovations. The underlying wizardry behind the Blockchain will enable the creation of a new ecosystem for content producers and consumers and to revolutionize the Music Industry. The Blockchain is a digital ledger that is maintained by the users of the system. The system uses cryptography and group consensus to avoid fraud and errors. Before Bitcoin technology there was no such thing as a non-duplicable piece of data, but now with the Blockchain....
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