Could blockchain technology solve streaming music’s payment rows?
by Stuart Dredge from Technology | The Guardian on (#E9AB)
Rethink Music study claims cryptocurrency system could help to ensure musicians get paid fairly and quickly for their work
The music industry should explore blockchain technology used in cryptocurrencies to ensure musicians are paid fairly for streams and sales of their work, according to a report published by the US-based Rethink Music initiative.
The report, which is being widely circulated within the industry, suggests that embracing cryptocurrency technology could bring more transparency to the debate about musicians' income from streaming services like Spotify.
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