The Global Music industry is ripe for transformation and disruption based on the 3 technology pillars of:
A. Data Assets – standardizing and managing metadata assets
B. Securitization – ease of investment, royalty, and revenue
C. Blockchain – records, audit, smart contracts, and payments
When a $19 billion industry leaves billions on the table because it can’t manage data or records, it is considered a massive opportunity for the ecosystem. More importantly, it opens avenues for creators and consumers to get the right value.
It is, therefore, no surprise, that just as with other sectors – democratization driven technologies, high-quality data assets and auditable methodologies – are becoming valuable replacements for trust-based institutions & relationships.
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