“A transparent system based on blockchain would create more opportunities for the whole industry”
Blockchain is a distributed public ledger where any records stored are secure, tamper-proof and available to everyone. Moreover, every transaction is time-stamped and its validity has to be checked by multiple entities within the network.
Essentially, it’s a golden record of the truth that creates trust among multiple parties, which makes this piece of technology capable of replacing an intermediary in situations when a trusted third party is required.
A number of blockchain-related projects have emerged in the entertainment…
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Tickets Cloud founder Katerina Kirillova highlights some of the companies hoping to revolutionise the music business using blockchain technology
Comment 13 November 2017