A Study on the Fusion and Development of the Digital Music Industry with Blockchain Technology
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v5i2.1970
Abstract
With the continuous evolution of blockchain technology, the digital music industry is confronting a myriad of novel opportunities and challenges. The issues of unclear copyright ownership, distorted copyright transactions, and difficulty in copyright remedies have been laid bare against the backdrop of the internet. Leveraging its attributes of immutability, decentralization, and high security, blockchain technology holds potential in safeguarding digital music copyrights. Introducing blockchain technology is conducive to clarifying copyright ownership, facilitating copyright transactions, and bolstering copyright remedies. This study primarily delves into the application of blockchain technology in the music industry, encompassing decentralized copyright management, transparent revenue distribution, and establishment of trust mechanisms. Furthermore, through empirical research data, both quantitative and qualitative analyses are conducted to delineate its impact. Future trends and prospects of the integration between the digital music industry and blockchain finance are outlined, aiming to furnish theoretical support and insights for relevant research and practices.
Keywords
digital music, blockchain, property rights protection, decentralization
Funding
Nanfang College Guangzhou Undergraduate Innovation Training Project — "Research on the Development Trend and Business Model Innovation of China's Digital Music Industry Based on SCP Paradigm" (Project number: S202312619007)
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[3] Su Zhaopin, Liu Xuan, Zeng Hongliang, et al. Method and System for Music Copyright Protection Based on Blockchain and Digital Watermark. CN201910402628.7 [2024-03-10].
[4] Digital Music Copyright Management System Based on Blockchain [J]. Zhang Guochao, Tang Huayun, Chen Jianhai. Computer Applications. 2021, Issue 4.
[5] Li Ying, Zhao Yue. Value Co-creation in the Communication Process of the Digital Economy Era—A Case Study of Digital Music [J]. Journal of Zhejiang University of Technology (Social Sciences Edition), 2023, 22(04): 394-401.
[6] Shao Guangxi. The Future of China's Music Industry in the Streaming Era [J]. Cultural Industry, 2023, (35): 7-9.
[7] Zhang Xiujing. Regulatory Measures of Anti-Monopoly Laws for Exclusive Licensing Agreements in Digital Music Copyright [J]. China Price Supervision and Anti-Monopoly, 2023, (11): 35-38.
Copyright © 2024 Shenghan Lai, Weiying Li, Yihong Xie, Huanni Chen
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