A Blockchain Enabled Solution for Royalty Tracking in Movies and Music Industry

Mohit Mittal, Khandakar F Rahman, C K Jha, Vikram Bali, Tejaswi Khanna

2024

Abstract

Managing rights and revenues is a persistent issue for the music industry. The sales of digital music tracks and albums must be more transparent between the music artist, the administrator, and other stakeholders. This usually results in the artists needing to receive just compensation in royalties. This study suggests a blockchain enabled online music publication and sales framework. The idea behind the solution is to use Ethereum Blockchain intelligent contracts to control music track sales and ensure that the artist(s) and the administration have agreed upon the payment distribution in cryptocurrency. The platform gives music artists, the administration, and other stakeholders more leverage by offering an automated, transparent, and impenetrable mechanism for tracking, administering, and distributing royalties.

Paper Citation

in Harvard Style

Mittal M., Rahman K., Jha C., Bali V. and Khanna T. (2024). A Blockchain Enabled Solution for Royalty Tracking in Movies and Music Industry. In Proceedings of the 1st International Conference on Cognitive & Cloud Computing - Volume 1: IC3Com; ISBN 978-989-758-739-9, SciTePress, pages 57-67. DOI: 10.5220/0013237800004646

in Bibtex Style

@conference{ic3com24,
author={Mohit Mittal and Khandakar F Rahman and C K Jha and Vikram Bali and Tejaswi Khanna},
title={A Blockchain Enabled Solution for Royalty Tracking in Movies and Music Industry},
booktitle={Proceedings of the 1st International Conference on Cognitive & Cloud Computing - Volume 1: IC3Com},
year={2024},
pages={57-67},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013237800004646},
isbn={978-989-758-739-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Cognitive & Cloud Computing - Volume 1: IC3Com
TI - A Blockchain Enabled Solution for Royalty Tracking in Movies and Music Industry
SN - 978-989-758-739-9
AU - Mittal M.
AU - Rahman K.
AU - Jha C.
AU - Bali V.
AU - Khanna T.
PY - 2024
SP - 57
EP - 67
DO - 10.5220/0013237800004646
PB - SciTePress