The networked record industry: how blockchain technology could transform the record industry
Article
O'Dair, M. and Beaven, Z. 2017. The networked record industry: how blockchain technology could transform the record industry. Strategic Change. 26 (5), pp. 471-480. https://doi.org/10.1002/jsc.2147
Type | Article |
---|---|
Title | The networked record industry: how blockchain technology could transform the record industry |
Authors | O'Dair, M. and Beaven, Z. |
Abstract | Blockchain technology may have transformational potential for those music industries associated with recorded music, and for the sustainability of music careers. While predictions of widespread disintermediation may have been premature, blockchain technology does appear to have the potential to transform the role of third parties and to make musicians’ careers more sustainable. Blockchains could improve the accuracy and availability of copyright data, facilitate near‐instant micropayments for royalties, and significantly improve the transparency of the value chain. |
Research Group | Music group |
Publisher | Wiley |
Journal | Strategic Change |
ISSN | 1086-1718 |
Electronic | 1099-1697 |
Publication dates | |
Online | 21 Sep 2017 |
21 Sep 2017 | |
Publication process dates | |
Deposited | 30 Jan 2019 |
Accepted | 01 Jan 2017 |
Output status | Published |
Additional information | Special Issue: The Future of Money and Further Applications of the Blockchain |
Digital Object Identifier (DOI) | https://doi.org/10.1002/jsc.2147 |
Language | English |
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