Blockchain Going for a Song: New Tech Tunes Up Music Industry
Will Blockchain make inroads into the music industry? Well, it’s already in the global music, as well as the movie and publishing worlds. But there have been efforts to find ways to block access to materials and to halt free and open distribution of creative works over the internet. The use of blockchain technology to address these issues surfaced of late. New kids on the Blockchain. How can Blockchain change the industry’s revenue stream due to its ability to store, organise and share data based on a concept of transparency? Blockchain panelists at Shoreditch House’s library in London....
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Phil Barry believes the Ethereum blockchain can change the music industry. To him, it is "the current best system for building complex decentralised applications." Barry might know. He consulted for Courtyard and ATC Management, leading a team working on financial analysis, media strategy and user experience for the world-first release of Thom Yorke's solo album Tomorrow's Modern Boxes on BitTorrent. He currently leads up Ujo Music. Ujo aims to engage in a nmber of joint experiments with artists, PROs and music companies into 2016, striving to represent a new shared infrastructure for the....
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