Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case
- Transparency: any interested party can be part of the system and check the status of their assets.
- Trust: nobody can tamper with the statements.
- Traceability: ability to check the claims that an asset has received over time.
- Decentralization: no single entity owns the database; crowd-sourced contribution.
- Conflict resolution: confluence in a single view of aggregated assets that allows conflict detection at early stages.
- Efficiency: disintermediation in an interoperable solution that shares the information across all stakeholders and integrates with their back offices.
2. Related Work
3. Alastria Blockchain Platform
4. Application Implementation
4.1. Development Foundation
4.2. Technical Architectural View
4.3. Conflicting Rights Governance
4.4. Monetary Incentive Mechanism
4.5. Source Code
5. Evaluation of Music Rights Framework
7. Future Work
Conflicts of Interest
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Kapsoulis, N.; Psychas, A.; Palaiokrassas, G.; Marinakis, A.; Litke, A.; Varvarigou, T.; Bouchlis, C.; Raouzaiou, A.; Calvo, G.; Escudero Subirana, J. Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case. Future Internet 2020, 12, 134. https://doi.org/10.3390/fi12080134
Kapsoulis N, Psychas A, Palaiokrassas G, Marinakis A, Litke A, Varvarigou T, Bouchlis C, Raouzaiou A, Calvo G, Escudero Subirana J. Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case. Future Internet. 2020; 12(8):134. https://doi.org/10.3390/fi12080134Chicago/Turabian Style
Kapsoulis, Nikolaos, Alexandros Psychas, Georgios Palaiokrassas, Achilleas Marinakis, Antonios Litke, Theodora Varvarigou, Charalampos Bouchlis, Amaryllis Raouzaiou, Gonçal Calvo, and Jordi Escudero Subirana. 2020. "Consortium Blockchain Smart Contracts for Musical Rights Governance in a Collective Management Organizations (CMOs) Use Case" Future Internet 12, no. 8: 134. https://doi.org/10.3390/fi12080134