blokur - Music Rights Management made Easy by Smart Contracts
blokur
Music Rights Management made Easy by Smart Contracts
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One of the new kids on the block is blòkur, they are aiming to make rights management in the music industry super easy. You are a publisher, record label or artist? blòkur may be able to support you.
- to reduce the amount of time to arrange and collect right fees
- to increase revenues from your music rights
blòkur reconciles different sources of rights data to a single blockchain state and allows music right holders to explore their catalogue in the cloud and compare their data with the global consensus view through an easy to use interface. The inbuilt algorithm resolves data conflicts automatically, eliminating labour-intensive tasks and increasing revenue for rights owners.
A few are already working with the platform:
- 7.000 publishers
- 50.000 songwriters
Getting curious: Check the service, register and start working with blòkur.
massive attack working with blòkur...
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Thanks :)
I always thought one of the industries that can benefit from blockchain technologies is the music industry. I definitely see publishing, managing, and sharing of music on the blockchain if done right. Blokur seems interesting, and hopefully, the will succeed in this endeavor. Nice find.
Thanks, and indeed, I agree. Music industry is super fragmented with many small companies and requires a lot of work. All the music platform where artists can share and sell their music are nice, but to make a buck of relevance, such p2p selling of material will not work. Networks are key and cost a lot of time and requires business skills many artists do not have. To counter thee existing models, the industry requires automation, transparent contract solutions and added to that some of the more traditional services all well integrated. Blokur shows they understand this in my opinion and certainly have potential to become a dominant player, when they execute the right steps forward. Thanks for your comment, view and feedback.
interesting...
Seems to be more useful then many other initiatives in the industry :)
I am well connected, but I also think that the business will change massively.
I'm an outsider, but also not; have close friends deep in the industry; changes will happen but still it looks like an artist need to know the right people, and the right people need to know the artist (or the people working with and for the artist); only then things can happen; at least speaking from a job from which an artist can make a living without having to do side jobs.
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