Ever wondered why music royalties get so messy? Ava Labs and Record Financial are tackling this head-on with blockchain tech. By putting music rights and payment records on a blockchain ledger, they're making the whole system transparent and tamper-proof. No more hidden disputes or murky payment trails. It's basically creating an immutable record of who owns what and who gets paid what. Pretty compelling stuff for an industry that's been plagued by accounting nightmares for decades.
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ImaginaryWhale
· 7h ago
Someone finally took action on this. The accounting system in the music industry is truly terrible. I support putting it on the blockchain; transparency should be maximized to do justice to the creators.
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ThesisInvestor
· 8h ago
Someone is finally taking care of this messy accounting in the music industry. Blockchain is indeed perfect for this. Voting for Ava Labs.
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TooScaredToSell
· 8h ago
Finally, someone is doing something reliable with blockchain. The music copyright mess definitely needs to be sorted out, but on the other hand, who will audit this chain...
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MultiSigFailMaster
· 8h ago
Music copyright issues should have been handled on-chain long ago, with middlemen profiting from the spread forever... However, whether Ava's recent move can truly be implemented depends on how Record Financial plays it out.
Ever wondered why music royalties get so messy? Ava Labs and Record Financial are tackling this head-on with blockchain tech. By putting music rights and payment records on a blockchain ledger, they're making the whole system transparent and tamper-proof. No more hidden disputes or murky payment trails. It's basically creating an immutable record of who owns what and who gets paid what. Pretty compelling stuff for an industry that's been plagued by accounting nightmares for decades.