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

Author

Listed:
  • Nikolaos Kapsoulis

    (Electrical and Computer Engineering school, National Technical University of Athens, 157 80 Athens, Greece)

  • Alexandros Psychas

    (Electrical and Computer Engineering school, National Technical University of Athens, 157 80 Athens, Greece)

  • Georgios Palaiokrassas

    (Electrical and Computer Engineering school, National Technical University of Athens, 157 80 Athens, Greece)

  • Achilleas Marinakis

    (Electrical and Computer Engineering school, National Technical University of Athens, 157 80 Athens, Greece)

  • Antonios Litke

    (Electrical and Computer Engineering school, National Technical University of Athens, 157 80 Athens, Greece)

  • Theodora Varvarigou

    (Electrical and Computer Engineering school, National Technical University of Athens, 157 80 Athens, Greece)

  • Charalampos Bouchlis

    (Athens Technology Center, 15233 Athens, Greece)

  • Amaryllis Raouzaiou

    (Athens Technology Center, 15233 Athens, Greece)

  • Gonçal Calvo

    (BMAT Music Innovators, 08028 Barcelona, Spain)

  • Jordi Escudero Subirana

    (Atos Worldline Iberia SA, 08020 Barcelona, Spain)

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.

Suggested Citation

  • Nikolaos Kapsoulis & Alexandros Psychas & Georgios Palaiokrassas & Achilleas Marinakis & Antonios Litke & Theodora Varvarigou & Charalampos Bouchlis & Amaryllis Raouzaiou & Gonçal Calvo & Jordi Escude, 2020. "Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case," Future Internet, MDPI, vol. 12(8), pages 1-16, August.
  • Handle: RePEc:gam:jftint:v:12:y:2020:i:8:p:134-:d:397681
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    Citations

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    Cited by:

    1. Arenal, Alberto & Armuna, Cristina & Ramos, Sergio & Feijoo, Claudio & Aguado, Juan Miguel, 2024. "Digital transformation, blockchain, and the music industry: A review from the perspective of performers’ collective management organizations," Telecommunications Policy, Elsevier, vol. 48(8).
    2. Raffaele Fabio Ciriello & Alexandra Cecilie Gjøl Torbensen & Magnus Rotvit Perlt Hansen & Christoph Müller-Bloch, 2023. "Blockchain-based digital rights management systems: Design principles for the music industry," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-21, December.

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