Music IndustryMusic NewsTech

Berklee College of Music and Rethink Music – Bitcoin and the Music Business

If you enjoyed part one and two (part three coming soon) of my series “Bitcoin, BlockChain and the Music Industry” you should read the latest from Berklee College of Music and Rethink Music, “Fair Music: Transparency And Money Flows In The Music Industry.”

Most of you know I am a big believer in the ability of the BlockChain/Bitcoin to solve many of the problems facing the music industry. (Case in point: I’m an active member of the Bisantyum group, and I work with those guys to try and bring these solutions to the public.)

Here is a small taste of the report:

“In addition to the aforementioned benefits, a compre- hensive, accurate database of music rights ownership information would provide a platform for new technologies to be applied in potentially game-changing ways. We encourage the investigation of the use of emerging crypto-currencies, such as Bitcoin, and their underlying technology, Blockchain, as new royalty-distribution mechanisms for the music industry.”

 

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

Alan Cross has 38035 posts and counting. See all posts by Alan Cross

Let us know what you think!

This site uses Akismet to reduce spam. Learn how your comment data is processed.