Copyrights in today's complex global economy are wildly disorganized and can take over a year to certify.
Artists can register their intellectual property themselves: (lyrics, musical composition, liner notes, cover art, licensing information, audio & video).
A peer-to-peer database of music, that is global, verified, inclusive & currently non-existent.
Intermediaries take more than 88% of the revenue generated in the music industry.(revenue includes; CD sales, On demand streaming, Advertisements on YouTube, Radio royalties & Concert tickets)
A decentralized platform, on which anybody performing a role in any creative industry will be able to interact free of intermediaries to do business.
New business models that have never been imagined before, because the costs will be lower and the data is open.
Music payments don't make it to their rightful owners due to lack of transparency..
Blockchain's 'smart contracts' will be able to execute real time solutions for the transparent distribution of royalties.
Revenue is automatically divided between all parties involved in the creation.