Blockchain Technology in Music Industry Blockchain Technology in Music Industry | Page 2

INTRODUCTION
Blockchain tentacles are grabbing their hold in almost every industry domain. Past few years have
witnessed the tremendous and significant impact of blockchain technology in various industry circles.
The innovation has been applied as a solution for almost every imaginable industry challenges,
showcasing a significant percentage of improvisation and qualitative marks in the industry.
Now, blockchain technology the latest crop of technical innovation is all set to redefine how music
industry is working? How music is created and distributed among the mass.
Music industry always remains subdued compared to other entertainment industry. Though the
technology has brought several changes on how we listen to music, the industry themselves outstays
with several developments and changes. There is an immediacy of change advocated for the music
industry so as to keep them competitive of coming ahead challenges.