Benji rogers blockchain
A group of musicians, entrepreneurs and blockchain advocates is set to gather at a festival in Germany later this week with the aim of testing how the technology can change the music industry. During this time, the MTFLabs: Blockchain initiative will bring together participants including Grammy Award winner Imogen Heap, who has been advocating for blockchain applications in the music industry since last year. About 25 participants total are set to take part. Notably, attendees intend to write a policy report based on the event's findings and submit it to members of the European Commission, the executive arm of the European Union. In interview, organizer and moderator Peter Harris, who founded music streaming platform Resonate.
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Content:
- Dotblockchain announces Warner Music alliance
- BENJI ROGERS
- Blockchain and the creative industries - Benji Rogers
- The Hint of Blockchain
- The Conversation : How blockchain could help musicians make a living from music
- Talking Blockchain at The Great Escape Convention
- Music industry going down ‘Blockchain rabbit hole’
- Projecting Trends: What These 4 Music Startups Reveal About the Future of Music
- 2017 Conference
Dotblockchain announces Warner Music alliance
Music shapes culture, entertainment and technology. The passion for music spans industries refreshes ideas and introduces new concepts previously invisible. The music industries maturation into digital contexts and exploration of blockchain technology have uncovered lessons we can apply to healthcare. The world is growing, and the music industry is shrinking.
Economies of scale exist, yet annually miss impacting healthcare for the better. The music and healthcare industries are managing the transition from the physical to digital. How will the music industries keep pace with the trends of instant access and play anywhere? How will the healthcare industry keep pace with the trends of instant access and view anywhere medical information?
Blockchain is the answer. Smart contracts provide the bridge. The music industry is getting a shakeup but continues to lose out in revenue. The end of marked the first year that the industry derived the same revenue from digital channels 46 percent as from physical format sales 46 percent.
According to the UN, Dept. The IFPI represents the recording industry worldwide, with over 1, record companies in over 57 countries are members. More people are listening to music, and fewer writers and artists are getting paid for their work. Society needs a music industry that rewards people for creating great content. Not a scene where music companies wrestle over ownership rights.
The introduction of the bitcoin peer-to-peer electronic cash system by Satoshi Nakamoto sudo name in , immediately sparked the interest of the music industry. The wonder started with companies like Murfie , a music marketplace founded in , that accepts bitcoins as payments for music downloads.
However, the application of the blockchain technology to the music industry may change artist lives. Blockchain has the potential to modernize every industry in the world. In February , Roger published an update that provided substantive support both theoretical and technical on how this could be accomplished in part 2 of his post, highlighting four clear points. Will the music industry see the beauty in the blockchain scheme? Blockchain technology applied to your music means that everyone will pay for their use, driving transparency of music ownership.
The artist would create a. The difference is the behind the scenes a digital ledger tracks ownership of the author and usage rights of the music enthusiast.
The author, composers, contributors, owners, and usage rights are defined as part of smart contracts enabled by blockchain technologies. The music enthusiast also benefits paying only for what they play, instant payment, and multi-platform accessible. The music industry has struggled with digital rights management DRM for years.
Blockchain provides a ledger as a means of payment, automatic royalty payment splitter, and simplified licensing using legal enforcement non-ambiguous smart contracts. This concept is more than DRM. Blockchain technology can improve transparency of ownership for music as well as health records. The U. How much more transparency in your personal medical records have you seen in compared to Personal health records continue to be as fragmented between providers and physicians as song ownership and royalty payments of the music industry.
Platform scale, interoperability, and privacy are surmountable challenges. How do we transfer trust, when patients have no faith in the system? Blockchain has the potential to give patients, like you and I hope, and restore trust in healthcare. Transparency and ownership of our medical health records are the beginning. New healthcare platforms will emerge returning medical record ownership back into the hands of the patient.
BENJI ROGERS
VentureBeat Homepage. Join today's leading executives online at the Data Summit on March 9th. Register here. Digital music really could use some help. Industry revenues are dipping due to piracy and illegal use of content.
Blockchain and the creative industries - Benji Rogers
Rogers says he will focus on consulting work, two new ventures and his volunteer role helping to turnaround with PledgeMusic, which he also co- founded. Andrew Wasylyk - Simon Tagestam. David Byrne - Mike Hayes Worldwide. Thunder - Steve Zapp. Harvey Jay Dodgson - Alex Hardee. Saving Able - Jon Pleeter. Saxsquatch - Heath Baumhor. Good Lekker - Rob Carroll. Elvis Costello. Jeff "Gitty" Gitelman.
The Hint of Blockchain
Falling CD sales, illegal downloads, the low payments from legal music streaming platforms , and a shift towards buying single tracks rather than whole albums all play their part. Recently, a number of music industry projects have turned to a particular technology as a possible solution to these problems. What links these projects is that they all are based on blockchain. Blockchain is the software that underpins bitcoin and other cryptocurrencies. Comprised of blocks of data cryptographically chained together in chronological order, it has two key features.
The Conversation : How blockchain could help musicians make a living from music
By Jem Aswad. Senior Music Editor. Last week Rogers, who left the company in to focus on his role at Dot Blockchain Media, wrote a blog post in which he apologized to the affected artists, and he announced his return in another blog pos t. Rogers founded the company with Jayce Varden in as a platform in which artists can sell everything from music to personal concerts directly to fans. I have seen first hand how tirelessly the team, management and board have been working to right the ship and that is why I have agreed to help where I can. A more detailed plan will be shared with the community shortly.
Talking Blockchain at The Great Escape Convention
Sponsored by Concurrent Media and Digital Media Wire , the summit brought together over industry leaders, entrepreneurs, copyright experts, and artists from across multiple media and entertainment sectors for a full day of panels and keynotes on topics ranging from blockchain-based rights registries, cryptocurrencies, enterprise-level rights mana gement platforms, smart contracts and more. We will also be announcing plans for the broader RightsTech initiative kicking off later this year. Read More ». Co-produced by Concurrent Media Strategies and Digital Media Wire , the RightsTech Summit brought together over senior media and technology executives, thought-leaders, entrepreneurs, and artists from across multiple media and entertainment industries for a wide-ranging discussion of technology innovation around the registration, management and licensing of media rights on digital platforms. PledgeMusic is a direct-to-fan music platform that enhances the fan-artist dynamic from the creation of music to its experience in digital and live formats. A key feature of PledgeMusic allows artists to sell a project straight to their fans before it comes to fruition.
Music industry going down ‘Blockchain rabbit hole’
When I started writing about it, it was pretty much me, D. Certainly, neither I nor anyone else knows definitively where this will go, but the discourse has been productive. These blanket licenses would allow the Taco Shop to legally play the Texas Tornados, but would also give them the rights to play virtually every other piece of recorded music as well — The technology I described above — utilizing blockchain technology to facilitate music usage vis machine readable smart contracts and utilizing an alternative currency bitcoin, for instance that allows for fractional payments — can facilitate this approach.
Projecting Trends: What These 4 Music Startups Reveal About the Future of Music
The firm already has alliances with independent distributors and publishers, and a collecting society , but this is its first tie-up with a major. The lack of decent publicly accessible music rights data — especially that which links song rights with the recordings they appear in — has become an ever bigger problem for the music industry with the shift to streams. A decent database of this kind would solve a number of issues in the streaming space, and various societies, music rights owners and start-ups are working on possible solutions. Necessary cookies are absolutely essential for the website to function properly.
2017 Conference
But there is no intermediatory group for a coordinated communication. While there is a Slack community, it lacks a Blockchain Roundtable. This leads to quite an array of questions left unanswered. DotBlockchain Music and its new partners will now be able to conduct tests with 65 million songs. More precisely, it is no audio format but a new container format holding all content and metadata. The blockchain is supposed to provide a global and consistent database of musical content as well as to hold its metadata and copyright information.
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