ABI Research predicts that, by the end of 2018, we'll see 191 million streaming subscribers, generating US$46 billion. In a world where data is readily available and micro-payments can be tracked, accountability should be a foregone conclusion. However, the industry has yet to require services and intermediaries to provide complete, readable, up-to-date data about music sales and uses in an industry-standard format.
A recent report from Deloitte suggests a solution, “blockchain has the potential to disrupt existing but also to enable new business models.”
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