A research team at Middlesex University has released their ‘Music on the blockchain’ report.
If blockchain technology can help the commercial and contractual relationships in music keep pace with technology and the communication between artists and fans then it could be truly revolutionary, writes Nick Mason from Pink Floyd in the foreword to a new report on the subject.
The “Music on the blockchain” report from a research team at Middlesex University, continues a concerted effort led by musician and technologist Imogen Heap to get artists a fairer deal using blockchain designs. Heap has brought together members of the Ethereum community, ConsesnSys and a host of others at London’s Sonos studios.
Mason said: “This report is a valuable contribution and I hope it can help inform the debate and take us forward.”
According to the report, there are four main areas where blockchain could transform the music industries: