Guest post by Irving Wladawsky-Berger, former VP of Technical Strategy and Innovation at IBM.
Just about every industry has been significantly transformed in the past few decades. But few have been as disrupted as the music industry. Everything seems to be changing at once, from the way content is produced and delivered, to the sources of revenue and profits. Digital technologies, - the Internet, smartphones, cloud computing, … - have literally turned dollars into pennies. Now, blockchain and related technologies may once more play a major role in the music industry, - this time helping to turn those pennies back into dollars.
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