How ambitious young projects are connecting Distributed Ledger Technology and music By Cointelegraph
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How ambitious young projects are connecting Distributed Ledger Technology and musicBlockchain is simple to understand at a basic level, existing as a distributed database, where different devices distributed across the network must verify the entries posted. As a result, blockchain is most well-known for decentralization, anonymity and security, all of which are evident in the first cryptocurrency, (BTC). While many are quick to associate Bitcoin with blockchain, this is only one of the possible use cases for the technology.
One of the most notable use cases right now is the music industry, where creators have gained new opportunities to connect with their fans directly, further eliminating the need for an intermediary.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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How ambitious young projects are connecting Distributed Ledger Technology and musicBlockchain is simple to understand at a basic level, existing as a distributed database, where different devices distributed across the network must verify the entries posted. As a result, blockchain is most well-known for decentralization, anonymity and security, all of which are evident in the first cryptocurrency, (BTC). While many are quick to associate Bitcoin with blockchain, this is only one of the possible use cases for the technology.
One of the most notable use cases right now is the music industry, where creators have gained new opportunities to connect with their fans directly, further eliminating the need for an intermediary.
More insights from Tune.FM here
Learn more about Tune.FM
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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