Paperchain Blog

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    The latest in royalties, music tech & blockchain — December 22 2016 Edition

    Blockchain’s Key Economic Impact: Verifying Transactions and Operating a Network When a distributed ledger is tied to a native cryptographic token, marketplaces can function without the need of intermediaries, lowering networking costs. Bitcoin for the first time in history demonstrated value could be transferred reliably between untrusting parties without the need of an intermediary. Read more OMG, Ethereum Is So Hard Forked Basically we think any consternation about recent (intentional and unintentional) forks or their effects is misplaced.
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    Last week in royalties, music tech & blockchain — December 2016 Week 01 Edition

    The Changing World of Music Royalties Today, the music industry generates over $160 billion in worldwide revenue, less than ten percent of which is from the sale of recorded music. As the industry evolves, new revenue sources continue to be created. Read more Blockchain in Financial Services — Hype or Reality? Why are Financial Services firms interested in Blockchain? First they see the potential for cost reduction in processes like trade settlement and reconciliation.
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    Ethereum Core Developers Have Reached Consensus on Hard Fork

    Last Friday, core developers for the Ethereum met to discuss possible courses of action to counter recent DDOS attacks on the network that were exploiting the platforms code logic.

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    Announcing Paperchain—Utilising the blockchain to standardise and validate song metadata

    One of the most feverous conversations happening around digital music is the ability for artists to maintain ownership and attribution for their work. It’s no surprise that blockchain technology—in particular Ethereum, with its use of smart contracts—has driven a surge in music technology startups attempting to solve this problem.

    Everyday we’re reading about startups coming up with wonderfully creative applications of the technology in order to solve a similar pain point.