Spotify to Face the Music: Competitor on the Ethereum Blockchain Wants to Eliminate Record Labels

Podcasts, Books, TV Shows, Movies
User avatar
RamboLambo
Posts: 417
Joined: Thu Mar 29, 2018 9:36 am

Spotify to Face the Music: Competitor on the Ethereum Blockchain Wants to Eliminate Record Labels

Thu Jun 07, 2018 12:18 pm

In an interview with The Money Show’s Bruce Whitfield, Simon De la Rouviere, the 28-year-old innovator behind Ujo Music, explains how his blockchain-based platform is the new model for artists and why Spotify is a dinosaur.

“Ujo Music is a blockchain-based platform that allows musicians to have control over their rights and their music, that they don’t have to necessarily sign over their rights to other institutions, say record labels or publishers,” says De la Rouviere.

The platform creates a decentralized database of rights and rights owners, automating royalty payments through smart contracts and cryptocurrency on the Ethereum blockchain.



https://dailyhodl.com/2018/06/07/spotif ... rd-labels/

Return to “Media”