Issue 512: Smart Contracts: Smart Enough for the Music Biz? Spotify Links Up w/ Google Maps

Are Smart Contracts Smart Enough For The Music Industry?
Smart contracts promise to automate music rights management and cut down on legal disputes between artists, record labels, and others. But the complexity of the industry is a big challenge for adoption.

Spotify Launches Integration With Google Maps
Spotify Launches Integration With Google Mapswww.billboard.com
Spotify announced on Monday (Oct. 1) that it will be integrating with Google Maps to provide music listeners as they go along their journeys.

Fan Powered Music Streaming, Gaming Hub Launches
Fan Powered Music Streaming, Gaming Hub Launcheswww.hypebot.com

Fan Powered Music has launched a free fan driven streaming service and gaming hub with a catalog of 6000+ tracks from independent musicians. The mix of music and games offers a unique way for artists to communicate with and engage fans.

  Can Airbnb Concerts and Sofar Sounds Revolutionize the Live Concert Industry?
Can Airbnb Concerts and Sofar Sounds Revolutionize the Live Concert Industry? www.thembj.org

Founded in 2008 in San Francisco, Airbnb has gone from three air mattresses and broke roommates to a company valued at more than $30 billion. Having changed the way people travel, which led to a massive revolution in the hospitality industry, Airbnb is now trying to make its move to enter the live music space.

How Does Spotify Know You So Well?
How Does Spotify Know You So Well?medium.com
This Monday — just like every Monday before it — over 100 million Spotify users found a fresh new playlist waiting for them called Discover Weekly. It’s a custom mixtape of 30 songs they’ve never…

 The Independent Music Podcast Turns 200
The Independent Music Podcast Turns 200thequietus.com

Every week the Independent Music Podcast releases a show promoting adventurous independent music from almost every genre conceivable.

Gillian Welch’s ‘Everything Is Free’: The Story of a Modern Classic
Gillian Welch’s ‘Everything Is Free’: The Story of a Modern Classic www.rollingstone.com

Originally written in the Napster era, Welch’s song has been embraced this year by a new generation of artists including Father John Misty, Courtney Barnett and Phoebe Bridgers.

Bittorrent Traffic Suddenly Rising In Traffic Share Thanks To Streaming Fragmentation
Bittorrent Traffic Suddenly Rising In Traffic Share Thanks To Streaming Fragmentationwww.hypebot.com
For a long time it looked as though the popularity of legal streaming services would be able to curb online piracy, but as streaming offerings continue to diversify, and more of the services continue to release their own original programming, the a la carte option of Bittorrent has seen a…

TuneCore Names Viacom's Neil Bhayas As Tech VP
TuneCore Names Viacom's Neil Bhayas As Tech VPwww.hypebot.com

TuneCore has named Neil Bhayas Vice President of Technology. He joins from Viacom, where he served as Vice President of Technology. Bhay will focus on expanding technology solutions for TuneCore artists.

What Can Blockchain Do For Music?
What Can Blockchain Do For Music?medium.com
This is the current reality for the creatives who are looking to make a living with music: it is extremely difficult to make even a modest living in the industry. Every time when someone presses the…

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Music Messenger Exploring a Move to Blockchain

Music Messenger has been working on developing a blockchain-based alternative to Spotify. What Music Messenger proposes is that users will pay for Music Messenger Tokens (MMT) or earn them by listening to ads. Their wallet will then pay out a fraction of a cent per song to stream from decentralized storage across the network, with artists receiving 90 percent — compared to roughly 50 percent on the leading streaming apps. The rest goes to compensating whomever is hosting or streaming that audio track or file. Continue reading “Music Messenger Exploring a Move to Blockchain”

Issue #476: Spotify’s Playlist for Global Domination; Pandora’s Podcast Genome Project Coming Soon; SoundCloud on the Blockchain?

Spotify’s playlist for global domination
Spotify’s playlist for global dominationwww.fastcompany.com
How CEO Daniel Ek plans to beat Apple, Amazon, and Google at the music game.

Pandora’s podcast genome project could launch by the end of the year
Pandora’s podcast genome project could launch by the end of the yearwww.theverge.com
Pandora, the streaming music company, has a new focus on podcasts. Its podcast genome project is coming soon, CEO Roger Lynch says.

Musical.ly Investor Bets $17M On Internet Radio
Musical.ly Investor Bets $17M On Internet Radiowww.hypebot.com
Early investor Goldwater Capital is betting a substantial hunk of the profits it netted when ByteDance acquired Musical.ly on internet radio. Korean based Spoon Radio will recieve $17 million from Goldwater and Korean investors Softbank Ventures and KB Investment. Spoon bills itself as the first social radio mobile application. Launched…

New Study Shows Close Relationship Between Social Media & Music
New Study Shows Close Relationship Between Social Media & Musicwww.billboard.com
A new study released today (Aug. 6) found that nine out of 10 social media users do a music-related activity within the framework of an app, according to data compiled by research and analysis firm MusicWatch.

SoundCloud on the blockchain? Audius raises $5.5M to decentralize music
SoundCloud on the blockchain? Audius raises $5.5M to decentralize musictechcrunch.com

Audius wants to cut the middlemen out of music streaming so artists get paid their fair share. Coming out of stealth today led by serial entrepreneur and DJ Ranidu Lankage, Audius is building a blockchain-based alternative to Spotify or SoundCloud.

How Much Money Will That Playlist Placement Make Me?
How Much Money Will That Playlist Placement Make Me?www.hypebot.com

Accurately assessing just how much revenue you’ll be able to pull down from a playlist placement can be difficult to determine, but with some careful analysis, Chris Robley at least shows us how to make an educated guess.

Can Streaming Platforms Succeed In Music Publishing and Licensing?
Can Streaming Platforms Succeed In Music Publishing and Licensing?medium.com
Streaming platforms have irreversibly changed the music distribution landscape, now accounting for the largest growth segment in the recorded music industry. Spotify, the biggest player in this area…

Skype's new Spotify add-in lets you quickly share tunes with friends
Skype’s new Spotify add-in lets you quickly share tunes with friendswww.windowscentral.com
Skype Insiders are getting an early peek at the chat app’s latest high-profile third-party integration: Spotify.

A.R. Rahman to Host Amazon Series on Indian Music
A.R. Rahman to Host Amazon Series on Indian Musicwww.billboard.com
‘Harmony With A.R. Rahman’ marks the Oscar-winning composer’s debut as a host in a non-fiction series.

TuneIn, CUMULUS MEDIA Set Expansion Deal
TuneIn, CUMULUS MEDIA Set Expansion Deal platformandstream.wordpress.com

TuneIn and CUMULUS MEDIA have signed an agreement that will bring all 441 of CUMULUS MEDIA’S owned-and-operated stations across 90 U.S. markets to the TuneIn platform as well as distribution of the podcasts from Westwood One Podcast Network.

Apple Music beats Spotify to biggest day-one streaming number for Travis Scott's Astroworld
Apple Music beats Spotify to biggest day-one streaming number for Travis Scott’s Astroworldwww.musicbusinessworldwide.com

Travis Scott’s Astroworld is a big deal.

eMusic Building Blockchain Platform

eMusic has announced a $70M token sale to build a decentralized music distribution and royalty management system. eMusic is planning a public pre-sale for its eMusic utility token (EMU) beginning in September 2018 with a token generation event (TGE) immediately following.

“For two decades, eMusic has been a champion of independent artists and their fans. However, today’s supply chain for music is broken. While streaming has made it possible for anyone to listen to virtually any song ever recorded at any time, its underlying economics are financially crippling to the most vital piece of the music ecosystem — artists,” said Tamir Koch, CEO of eMusic. “And on the other side of the supply chain, service providers are losing billions and struggling to stay alive. Most fans don’t realize that this is an unsustainable future with fewer artists and fewer providers.” Continue reading “eMusic Building Blockchain Platform”

Issue #427: Blockchain Aims to Be Biggest Stage for Empowering Music Artists; Apple Music Launches Global Publishing Business to Attract Songwriters

Blockchain Aims To Be The Biggest Stage For Empowering Music Artists
Blockchain Aims To Be The Biggest Stage For Empowering Music Artistswww.forbes.com
In the music industry, blockchain can change how artists connect with fans. But, how can blockchain-based tokenization can help Indie-artists artists unlock new financing opportunities and strengthen bonds with their biggest, most loyal fans?

Spotify’s missing money-maker is artist-to-fan messaging
Spotify’s missing money-maker is artist-to-fan messaging techcrunch.com

Spotify could win big by following Facebook’s roadmap.

A Tidal wave of trust or dis-trust in data?
A Tidal wave of trust or dis-trust in data?medium.com
So you’ve probably been reading about Tidal the last couple of days. How a Norwegian newspaper has published a story claiming that Tidals streaming numbers don’t add up.

CEO Roger Lynch: New family plan allows Pandora to compete with Apple Music, Spotify
CEO Roger Lynch: New family plan allows Pandora to compete with Apple Music, Spotifywww.cnbc.com
Media streaming company Pandora launches new family subscription plan “with a twist,” says CEO Roger Lynch.

Apple Music Launches Global Publishing Business to Attract Songwriters
Apple Music Launches Global Publishing Business to Attract Songwriterswww.rollingstone.com
Streaming service launches global publishing business in a possible harbinger of streaming music’s future

Kanye West's new album will stream on Stationhead... and Spotify and Apple Music
Kanye West's new album will stream on Stationhead… and Spotify and Apple Musicwww.cnet.com
The rapper’s new album will debut Friday, June 1, at 12 a.m. ET.

Facebook is basically worthless to professional musicians, and that’s okay
Facebook is basically worthless to professional musicians, and that’s okaymedium.com
There’s a common refrain I hear among managers, agents, artists, publicists, talent buyers, producers, and well… literally everyone else connected to music. It goes like this, “Well, Artist Name Here…

The Long, Checkered History Of YouTube's Attempt To Launch A Music Service
The Long, Checkered History Of YouTube's Attempt To Launch A Music Servicewww.tubefilter.com
YouTube has made several attempts to launch a dedicated music service. Here’s a rundown of what the video site has done so far.

Why Kendrick Lamar's Attempt to Stop Spotify's Hateful Conduct Policy Is So Dangerous
Why Kendrick Lamar's Attempt to Stop Spotify's Hateful Conduct Policy Is So Dangerouswww.complex.com
As one of the most visible figures in rap, Kendrick is using his power to influence Spotify, which had previously removed the polarizing XXXTentacion from its promoted playlists for "hateful conduct."

Streaming platforms Jio-Saavn, Hotstar lead the audio and video streaming segment in India
Streaming platforms Jio-Saavn, Hotstar lead the audio and video streaming segment in Indiawww.thedrum.com
Recently merged Indian music-streaming platforms Jio-Saavn have trumped Google to become the only audio streaming media company to make gains on app installs with 1.24% share increase during first quarter, according to a report by Jana.

Top Three Music Tips from Industry Leaders
Top Three Music Tips from Industry Leadersblog.symphonicdistribution.com
Bringing awareness to your music has always had its challenges, here are the top three music tips from industry leaders from Tinderbox Music.

Issue #425: What are We Sacrificing for Streaming?; 7digital Expands Into Live Music Wearable Technology

Spotify Is Booming, But What Are We Sacrificing For Streaming?
Spotify Is Booming, But What Are We Sacrificing For Streaming?www.digitaltrends.com

Spotify and streaming services like Apple Music are taking over. But are we losing something valuable as we shift to on-demand music?

7digital expands into live music wearable technology with new Peex platform
7digital expands into live music wearable technology with new Peex platformwww.musicweek.com
The b2b digital music company is also rolling out the Juke streaming music service across Europe.

What is the travel time of music?
What is the travel time of music?medium.com
We’re living in a digital world and therefore information and music travels faster than ever before. It’s never been easier to release your music and let people from all over the world listen to it…

What the Music Biz Loves About Its Future: Live Streaming
What the Music Biz Loves About Its Future: Live Streamingthebridgebk.com
At a Brooklyn conference, industry experts sing the praises of a technology that could help save the business

Pitbull believes in Blockchain
Pitbull believes in Blockchainmedium.com
It’s going down, he’s yelling… “Blockchain”? Pitbull is the latest in a stream of artists invested in how Blockchain can be used to address issues in the music industry. This month Pitbull is…

YouTube Music arrives late to the party with room for improvement
YouTube Music arrives late to the party with room for improvementwww.engadget.com
A massive number of people use YouTube not just for videos, but as a de facto music-streaming service, not unlike Spotify. YouTube is well aware of this, wh…

Tidal Desktop App Changes
Tidal Desktop App Changesaudiophilereview.com

Steven Stone looks at the newest Tidal app rebuild…

The 2018 Clio Music Awards Deadline is June 29th
The 2018 Clio Music Awards Deadline is June 29thplatformandstream.wordpress.com
The 2018 Clio Music Awards are open for entries prior to their final deadline of June 29th.

Sean Parker on Napster, Spotify, and His Federal Tax Law Triumph
Sean Parker on Napster, Spotify, and His Federal Tax Law Triumphfortune.com
The early Spotify investor Sean Parker has sat with for a Q&A with Fortune.

Pandora’s acquisition of audio adtech company AdsWizz is complete
Pandora’s acquisition of audio adtech company AdsWizz is completetechcrunch.com

Pandora this morning announced it has closed on its acquisition of AdsWizz, the digital audio ad technology company whose products will be used to upgrade the streaming service’s own ad tech capabilities in the months ahead.

Hands on with Apple HomePod stereo pairing and AirPlay 2
Hands on with Apple HomePod stereo pairing and AirPlay 2mashable.com
As part of iOS 11.4, Apple’s finally letting users pair two HomePods together in stereo mode and stream music to multiple rooms via AirPlay 2.

Spotify Has Made A Songs Of The Summer Playlist For You To Argue Over
Spotify Has Made A Songs Of The Summer Playlist For You To Argue Overjunkee.com
If you’re trying to pre-emptively guess this year’s songs of the summer, it might be worth taking a look at Spotify’s shortlist.

Issue #409: Will JAAK’s Blockchain Music Rights Database Succeed?; Should Spotify Sign Its Own Artists?; Instagram Code Reveals Music Feature

Can JAAK's Blockchain Music Rights Database Succeed Where Others Have Failed?
Can JAAK's Blockchain Music Rights Database Succeed Where Others Have Failed?www.digitalmusicnews.com
With KORD, London-based tech startup JAAK wants to solve a major problem plaguing the music industry: getting artists paid for their work.

Spotify can’t become the next Netflix unless it signs its own artists
Spotify can’t become the next Netflix unless it signs its own artistsmedium.com

There would be several advantages to Spotify signing its own music artists.

Instagram code reveals upcoming music feature
Instagram code reveals upcoming music featuretechcrunch.com

Instagram is preparing to let you add music to your Stories, judging by code found inside its Android app.

Meet the 2018 Techstars Music Startups Transforming the Music Industry for Good
Meet the 2018 Techstars Music Startups Transforming the Music Industry for Goodwww.billboard.com

Check out what each team is attempting to solve.

Warner Music Group sells 75 percent of its Spotify shares for $400 million
Warner Music Group sells 75 percent of its Spotify shares for $400 millionwww.recode.net
First Sony, now Warner.

Revealed: The most-streamed songs of the 70s, 80s, 90s and more
Revealed: The most-streamed songs of the 70s, 80s, 90s and morewww.bbc.com
Ed Sheeran and Drake might dominate the charts – but what are the most popular songs of years gone by?

YouTube has a new deal with Vevo to sell music video ads
YouTube has a new deal with Vevo to sell music video ads www.recode.net
Good for YouTube, and for the music labels. What about for Vevo?

Is Spotify the key to determining the country's spending habits?
Is Spotify the key to determining the country's spending habits?www.joe.co.uk
The Bank of England has admitted to using Spotify to gain an insight into people’s moods and spending habits. Is this the key to understanding the economy?

How TV Helps My Audiophilia, Really...
How TV Helps My Audiophilia, Really… audiophilereview.com

Paul Wilson looks for new and different ways to enjoy the audiophile hobby.

Beyond AirPods, ‘True’ Wireless Headphones Developing Into Lucrative Market
Beyond AirPods, ‘True’ Wireless Headphones Developing Into Lucrative Marketwww.twice.com
Apple dominates this new “true” wireless category, also referred to as “hearables,” accounting for 86% of the dollar volume in this nascent headphone category.

Cramer: Wall Street got Spotify's quarter all wrong—I'd be a buyer
Cramer: Wall Street got Spotify's quarter all wrong—I'd be a buyerwww.cnbc.com
Jim Cramer explains what went wrong with Spotify’s first earnings report as a public company and why the results weren’t as bad as investors thought.

Blockchain-Powered Music Platform Soundeon Files New Patent-Pending Technology

Blockchain-powered music platform Soundeon continues to gain momentum and establish its position at the forefront of blockchain innovation as Soundeon inventors have filed a nonprovisional utility patent with the United States Patent and Trademark Office (USPTO) on April 27 for the Creative Smart Contract technology underlying the platform.

The patent-pending Creative Smart ContractTM environment provides novel systems and methods for intellectual property ownership rights management, funding and ticketing on the blockchain and peer-to-peer. Artists have full control of their creative output from the very inception to the copyright, distribution, royalty collection and distribution of the intellectual property works as well as event ticketing. Continue reading “Blockchain-Powered Music Platform Soundeon Files New Patent-Pending Technology”

Issue #407: JAAK Moves Ahead with Blockchain Pilot; Pirate Radio Stations Explode on YouTube; Will Spotify Ever Make Money?

JAAK Moves Ahead with Blockchain Pilot, Joined by BMG, GMR, Warner
JAAK Moves Ahead with Blockchain Pilot, Joined by BMG, GMR, Warnervariety.com
London-based tech start-up JAAK has announced a successful pilot of its blockchain network, KORD. Pilot participants include BMG, Global Music Rights, Outdustry, Phoenix Music International Ltd, Sentric, Warner Music Group and Warner/Chappell Music.

Pirate Radio Stations Explode on YouTube
Pirate Radio Stations Explode on YouTubewww.nytimes.com
A trick of YouTube’s algorithms has led to the blossoming of hundreds of unlicensed, independent radio stations on the site, reminiscent of an age of underground broadcasts in the previous century.

Music's New Chart Rules Care — a Lot — About Whether You're Paying to Listen
Music's New Chart Rules Care — a Lot — About Whether You're Paying to Listenwww.rollingstone.com
Paid streams now count three times as much on free streams on Billboard’s album charts

Why Spotify Will Never Make Money
Why Spotify Will Never Make Moneyfortune.com
Spotify has a broken business model.

Music consumption in the era of smart speakers
Music consumption in the era of smart speakersmedium.com
Just over five years ago I wrote a piece called ‘Music collections in the era of the cloud’, in which I lamented the then-contemporary streaming services’ inabilities to properly represent a users’…

Spotify & Instagram Partner So Users Can Share What They're Listening To in Stories
Spotify & Instagram Partner So Users Can Share What They're Listening To in Storieswww.billboard.com
Spotify and Instagram announced a new partnership on Tuesday that will allow users to share what their listening to via their Instagram Stories or Instagram Direct and even encourage their followers and friends to tune in as well.

Pandora Reports $319B in Q1 Earnings With 19% Subscriber Growth
Pandora Reports $319B in Q1 Earnings With 19% Subscriber Growthwww.billboard.com
Pandora have released their financial results for the first quarter of the year ending March 31, 2018.

Work-For-Hire Websites Give New Life to Songwriters, Producers and Beatmakers
Work-For-Hire Websites Give New Life to Songwriters, Producers and Beatmakerswww.billboard.com
New on-line companies like SoundBetter and BeatStars give artists and producers a new lifeline.

Elite Music Manager to Make Digital Music Distribution Obtainable for Every Artist
Elite Music Manager to Make Digital Music Distribution Obtainable for Every Artistwww.influencive.com

Adrian Swish is the Founder/ CEO of Swish Management and Digital Currensy Inc. He is on a mission to revolutionize the way creators get paid royalties and the way they pay each other.

YouTube May Bring An Abbreviated Version Of Its Content ID Copyright Tool To The Masses
YouTube May Bring An Abbreviated Version Of Its Content ID Copyright Tool To The Masseswww.tubefilter.com
“[Content Match] will let you identify who reuploaders are and let you take some actions,” explains product manager Barbara Macdonald — including doing nothing, contacting offending channels, or asking YouTube to delete the video in question.

Spotify Wants to Be 'The R&D Department for the Entire Music Industry' -- What Does That Actually Mean?
Spotify Wants to Be 'The R&D Department for the Entire Music Industry' — What Does That Actually Mean?www.billboard.com

While execs might not use the words “vertical integration,” that goal is arguably alive and well within the company.

Music streaming apps: Why it takes a telco to tango
Music streaming apps: Why it takes a telco to tangowww.financialexpress.com
JioMusic, the free-to-use music app, topped the charts in terms of unique visitors which stood at 19 million in February this year.

Resonate, lifeID Partner to Improve How Music is Owned, Shared Online

Resonate, the ethical music co-op, and lifeID, a leader in blockchain-based, self-sovereign identity solutions, are announcing they have joined forces to improve how music is owned and shared online.

Resonate is a long-time proponent of blockchain technology, using it to enable a more efficient approach to music streaming. To fulfill key features of music ownership, management, user streaming rights and access, Resonate needed to integrate a blockchain-based identity solution. Continue reading “Resonate, lifeID Partner to Improve How Music is Owned, Shared Online”

Issue #396: Warner Classics, IDAGIO Set Streaming Partnership; Blockchain? More Like Rockchain; 10 of the Best Music Podcasts

Warner Classics and IDAGIO Embark on Streaming Partnership
Warner Classics and IDAGIO Embark on Streaming Partnershipplatformandstream.wordpress.com

Warner Classics has launched a new collaboration with IDAGIO​, in a partnership that will see the specialist classical music streaming service make the entire Warner Classics and Erato catalogue available to its users.

Blockchain? More like rockchain
Blockchain? More like rockchainadage.com
Music was the first industry the digital revolution decimated. Blockchain is a chance to reinvent ourselves, Jesse Kirshbaum writes.

Car Wars: Spotify Faces Stiff Competition as Music Streaming's Battle to Conquer the Road Heats Up
Car Wars: Spotify Faces Stiff Competition as Music Streaming's Battle to Conquer the Road Heats Upwww.billboard.com
Streaming has helped the music industry dig itself out of nearly 20 years of economic decline — and with Spotify on the New York Stock Exchange, previously skeptical investors are now cashing in.

The day music discovery failed me
The day music discovery failed memedium.com

The Manic Street Preachers released a new album, Resistance is Futile, on Friday. I didn’t find out about it until yesterday (Monday).

10 of the Best Music Podcasts
10 of the Best Music Podcastsvariety.com
With car dashboards eliminating CD inputs and relying more on smart displays and smartphones, podcasts — both music-related and others — are increasingly becoming big players for a captive mobile audience.

Congress is Poised to Modernize Music Copyright
Congress is Poised to Modernize Music Copyrightvariety.com
The Music Modernization Act, which combines key provisions of what were four separate legislative initiatives into a single bill that will update how music rates are set and how songwriters and artists are paid, was passed unanimously by a House Judiciary Committee earlier this month.

How MoviePass Plans To Expand Into The Music Industry
How MoviePass Plans To Expand Into The Music Industrywww.cinemablend.com
MoviePass is making another major movie, and this one will see it get into the music industry.

Radio's health is better than you think but prognosis mixed
Radio's health is better than you think but prognosis mixedadage.com
Radio is a medium with huge reach, but its cracks are showing. Fewer young people are listening and alternative media is stealing its thunder.

A Guide to the Music Industry's Capitol Hill Advocates
A Guide to the Music Industry's Capitol Hill Advocateswww.billboard.com
The movers and shakers among the policymakers.

MTN Music+ goes Int'l with Sony Music Entertainment
MTN Music+ goes Int'l with Sony Music Entertainmentwww.vanguardngr.com
Africa’s groundbreaking digital music service, MTN Music+ has added yet another ‘plus’ by signing a historic deal with Sony Music Entertainment.

How to Promote Your Music with Spotify Ads
How to Promote Your Music with Spotify Adsmedium.com
I’ve been looking for ways to boost my Spotify streams. What could be better than advertising directly on Spotify with an audio ad?

Gary Vaynerchuk Joins Forces With Guy Oseary for Digital Marketing Collaboration
Gary Vaynerchuk Joins Forces With Guy Oseary for Digital Marketing Collaborationwww.billboard.com
One of the biggest managers in music is joining forces with one the best-known voices in branding, digital marketing and developing audiences through social media.

Blockchain Music Startup VEZT Adds All Star Advisors, CSO
Blockchain Music Startup VEZT Adds All Star Advisors, CSOwww.hypebot.com
VEZT, the blockchain powered marketplace that lets fans share ownership with artists in their favorite songs, has announced an advisory board packed with music industry leaders and the hiring of Swedish producer and music tech investor Andreas Carlsson as Chief Strategy Officer.

Dreamchain Foundation Debuts Music Streaming Service Built on End-to-End Blockchain Platform

The Dreamchain Foundation announced today that its combined Dreamchain/Dreamstream Testnet has successfully been deployed and is securely streaming songs through the Dreamcoin Music app. Dreamchain Testnet is capable of registering one million end-to-end digital rights management (DRM) song transactions every 24 hours. Music industry participants can learn more by visiting www.GetOntheChain.org.

“We envision a world that is united and healed through the collaboration, proliferation and consumption of independent creative works,” said Mike Rubin, Founder of the Dreamchain Foundation. “By utilizing the blockchain’s immutable ledger and decentralized consensus ability combined with cryptocurrency’s ability to create new economic models, we can finally remove powerful authorities that for too long have either censored creativity or controlled the economic returns for creators, preventing many artists from realizing their dreams.” Continue reading “Dreamchain Foundation Debuts Music Streaming Service Built on End-to-End Blockchain Platform”