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 The 8-Second Trick For The Impact of Bitcoin on The Global Economy - BlockgeeksEvery one of those can be challenged. Look At This Piece choose any market, and this technology holds big potential to interrupt it, creating a more thriving world where people get to get involved in the value that they create. The music industry, for instance, is a disaster, at least from the point of view of the musicians. Then, along came the innovation companies, which took a whole bunch of value, and the songwriters and musicians are entrusted to crumbs at the end. What if the new music market was a distributed app on the blockchain, where I, as a songwriter, could post my song onto the blockchain with a wise agreement specifying how it is to be utilized? Maybe as a recording artist publishing my music on a blockchain music platform, I'll say, "You listen to the music, it's complimentary. You put it in the film, the wise agreement pays me." Or how about using it for a ring tone? There's the wise agreement for that. This is not a pipe dream. Imogen Load, who's a dazzling singer-songwriter in the UK, a very popular recording artist, has now belonged to producing Mycelia, and they're dealing with an amazing business called Agreement Systems, that's all around the world, blockchain designers, using the Ethereum platform; Ethereum is one blockchain.   Why Cryptocurrency Is Crazy—Like a Fox - Foreign Policy for Dummies I fully expect that lots of huge recording artists will be seriously investigating a whole brand-new paradigm whereby the artists get made up for the value that they develop. What could fail? I'm not a futurist. I think the future's not something to be predictedit's something to be achieved. What we're arguing is that this technology is revolutionary and holds huge capacity to change society. |
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