Скачать или смотреть 🎧The Future of Music Royalties: Blockchain-Based Transparency🎧

🎶The Future of Music with Blockchain explained with Noble Drakoln CEO of Band Royalty 🎶
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👉Unlock the power of blockchain technology in the music industry with Noble Drakoln. Discover how this innovation ensures transparent and fair royalty distribution, and more.

✔️ Understanding distributed ledger technology and its role in the music industry.

✔️ Simplifying royalty preservation and sharing for artists.

✔️ Streamlining music contracts and licensing processes.

✔️ Tracking music plays and ensuring proper royalty payments.

✔️ Enhancing transparency, security, and untamperable records within your music business.

Did you know? Blockchain technology can actually help you figure out where your royalties are bleeding out, ensuring you receive all the earnings you’re entitled to! Who knew tech could be this artist-friendly? 🎶💸

🔎 What we uncover during this episode:

📢 1. Introduction to Blockchain in the Music Industry

▪️ Definition: Distributed Ledger Technology
▪️ Benefits of Distributed Ledger Technology

📢 2. Applications of Blockchain in Music

▪️ Royalty Distribution
▪️ Accurate listing of royalties
▪️ Shared transparency with relevant parties
▪️ Use in obtaining loans
▪️ Building business in music
▪️ Simplifying Contracts
▪️ Ease of creating contracts for music purchase and licensing
▪️ Reduction of extensive paperwork
▪️Tracking Music Usage
▪️ Monitoring who is playing the music
▪️ Ensuring appropriate royalty payments
▪️ Transparent audits to identify discrepancies

📢 3. Advantages of Blockchain Technology for the Music Industry

▪️ Addressing issues in the music sector
▪️ Emphasis on transparency and security
▪️ Providing untamperable evidence and proof of business operations
▪️ Fun fact: Band Royalty spelled backwards is ytlayordnab

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#blockchain #bandroyalty #musicindustry

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