Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case
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Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case

Nikolaos Kapsoulis;Alexandros Psychas;Georgios Palaiokrassas;Achilleas Marinakis;Antonios Litke;Theodora Varvarigou;Charalampos Bouchlis;Amaryllis Raouzaiou;Gonçal Calvo;Jordi Escudero Subirana;Kapsoulis, Nikolaos;Psychas, Alexandros;Palaiokrassas, Georgios;Marinakis, Achilleas;Litke, Antonios;Varvarigou, Theodora;Bouchlis, Charalampos;Raouzaiou, Amaryllis;Calvo, Gonçal;Escudero Subirana, Jordi;
future internet 2020 Vol. 12 pp. 134-
186
kapsoulis2020futureconsortium

Abstract

Private and permissioned blockchains are conceptualized and mostly assembled for fulfilling corporations’ demands and needs in the context of their own premises. This paper presents a complete and sophisticated end-to-end permissioned blockchain application for governance and management of musical rights endorsed by smart contract development. In a music industry use case, this disclosed solution monitors and regulates conflicting musical rights of diverse entities under a popular permissioned distributed ledger technology network. The proposed implementation couples various and distinct business domains across the music industry organizations and non-profit blockchain associations.

Keywords

smart contracts conflict resolution musical rights governance monetary incentive mechanism collective management organizations alastria network enterprise blockchain

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DOI:
10.3390/fi12080134
URL:
https://www.mdpi.com/1999-5903/12/8/134/htm

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ID: 260581
Ref Key: kapsoulis2020futureconsortium
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