SoundCloud: What Blockchain Technology Can Do for Music Copyrights
Blockchain technology has been tapped for its various applications in record-keeping, be it for digital files or banking-related databases. Can the underlying technology behind bitcoin also be used to streamline intellectual property rights in the music industry? In particular, a public ledger could introduce significant innovations for copyrights, particularly for derivative work, such as those shared through the app SoundCloud. This app allows users to make remixes of existing songs and share these with their followers, but this has raised the issue of copyright infringement. Music....
Related News
Audius, a “new kid on the blockchain”, is looking to shape an entirely new way of music distribution between artist and fans. AudioCoin breaks down the barriers of traditional music financing, directly connecting artists and fans through a transparent, distributed ledger. Let’s dive in to Audius’ role in music and more on the platform’s native token. The Get Down: What This Platform & Token Is All About For those who are familiar with audio platform Soundcloud, you will understand Audius has gained similar comparisons because of its ‘artist-first’....
Utilizing the public API, ChangeTip has integrated its platform with SoundCloud, the popular music and podcasting platform which recently surpassed 10 million users after roughly seven years in business. SoundCloud is the go-to place for up-and-coming artists and podcasters. CCN's podcast, hosted by this journalist, utilizes the platform, which easily enables content creators to get their content to their audience. SoundCloud also serves as a sort of social network for artists, with occasional remixes happening as well as some remixes becoming more popular than the original tune. Its....
Bitcoin Tipping Company ChangeTip recently enabled its services on SoundCloud, an audio platform to share and distribute original music. "It's easier than ever to support local talent, instantly delivering your donations into their account.," the San Francisco-based Bitcoin startup expressed in its blog. "Tweet a beer to the artist at a live event, send money direct to the artist's tip.me page, deliver private messages on Facebook, or comment on their SoundCloud song." For artists, the same ChangeTip platform could be utilized to connect with fans on SoundCloud. They can share live events,....
The music industry has lived through several so-called revolutions when either the “video killed the radio star” or MP3 killed the record sales or Spotify disrupted the way we consumed music, and so on. However, rather paradoxically the industry has never changed that essentially, at its core which is its relationship with artists contracts, payments, licensing and copyrights. With good reason, one could call the current state of the music business “managed chaos” where its players record labels and publishers benefit from it. It takes months and years to pay out royalties to artists and....
Bitcoin innovation company Colu has utilized blockchain to create a music management platform for Revelator, a cloud-based music marketing company. The API, as stated in the Colu's recent press release, would help artists and music companies settle creative and distribution rights in a comparatively transparent ecosystem. The presence of the blockchain would further ensure a proper mechanism to grant rightful fees and royalties to artists in the form of digital assets, such as Bitcoin. Appearing as a relief to an infrastructural inefficient music copyrights system, the Colu-Revelator....