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Author Topic: [ANN]Potentiam-The Blockchain Music Platform  (Read 194664 times)
turenkopolina1992
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August 17, 2018, 07:48:43 PM
 #1861

Also the Potentiam project can revolutionize the monetization of music.
I agree with you, the infrastructure is based on smart contracts - programs that can be launched through a blockchain of cash in parallel with the payment procedure.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Botaisk
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August 17, 2018, 08:04:33 PM
 #1862

Also the Potentiam project can revolutionize the monetization of music.
I agree with you, the infrastructure is based on smart contracts - programs that can be launched through a blockchain of cash in parallel with the payment procedure.

This way a new kind of music services can appear on demand.
super stas
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August 17, 2018, 08:15:39 PM
 #1863

Also the Potentiam project can revolutionize the monetization of music.
I agree with you, the infrastructure is based on smart contracts - programs that can be launched through a blockchain of cash in parallel with the payment procedure.

This way a new kind of music services can appear on demand.
Users will be able to select songs and immediately transfer money to copyright holders while listening.
cold beer
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August 18, 2018, 07:11:30 AM
 #1864

Every day we hear artists complaining about a lack of transparency in the music business and unfair compensation for the use of their music in digital services.
cryptoeclipse
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August 18, 2018, 07:28:51 AM
 #1865

Millions of microtransactions are performed every day in the music business.
hollymoolly
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August 18, 2018, 07:50:51 AM
 #1866

Millions of microtransactions are performed every day in the music business.

Yes, but it is almost impossible to find out exactly who owns and how much money is owed, which is why payments are delayed or even canceled.
NatalieVishneva
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August 18, 2018, 08:17:02 AM
 #1867

Millions of microtransactions are performed every day in the music business.

Yes, but it is almost impossible to find out exactly who owns and how much money is owed, which is why payments are delayed or even canceled.
Currently, there is no central database to store all this information.
Botaisk
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August 18, 2018, 08:38:29 AM
 #1868

Millions of microtransactions are performed every day in the music business.

Yes, but it is almost impossible to find out exactly who owns and how much money is owed, which is why payments are delayed or even canceled.
Currently, there is no central database to store all this information.

Today, this information is scattered among many organizations, each of which considers it their property.
Blockchain kitty
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August 18, 2018, 08:52:35 AM
 #1869

If the music service plays the song, the smart contract can automatically transfer the royalty to the rights holders, dividing it according to the specified shares.
Great Man
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August 18, 2018, 09:18:57 AM
 #1870

If the music service plays the song, the smart contract can automatically transfer the royalty to the rights holders, dividing it according to the specified shares.
Until recently, this was impossible, because we did not have a publicly available financial system that supports programmable transactions.
super stas
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August 18, 2018, 09:47:34 AM
 #1871

If the music service plays the song, the smart contract can automatically transfer the royalty to the rights holders, dividing it according to the specified shares.
Until recently, this was impossible, because we did not have a publicly available financial system that supports programmable transactions.
Now the computer code can initiate payments, and even there is an opinion that smart contracts will become a "killer application" of the crypto-currency world.
Stuart little
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August 18, 2018, 10:19:07 AM
 #1872

If the music service plays the song, the smart contract can automatically transfer the royalty to the rights holders, dividing it according to the specified shares.
Until recently, this was impossible, because we did not have a publicly available financial system that supports programmable transactions.
Now the computer code can initiate payments, and even there is an opinion that smart contracts will become a "killer application" of the crypto-currency world.

That's right, with the help of smart contracts, the copyright owner can control the use of his music by integrating the relevant information into the file.
turenkopolina1992
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August 18, 2018, 10:53:34 AM
 #1873

If the music service plays the song, the smart contract can automatically transfer the royalty to the rights holders, dividing it according to the specified shares.
Until recently, this was impossible, because we did not have a publicly available financial system that supports programmable transactions.
Now the computer code can initiate payments, and even there is an opinion that smart contracts will become a "killer application" of the crypto-currency world.

That's right, with the help of smart contracts, the copyright owner can control the use of his music by integrating the relevant information into the file.

Using this approach, it would be possible to create music services that work without human interference and disagreement over the terms of the contract.
Blockchain kitty
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August 20, 2018, 07:56:27 AM
 #1874

Music is an important part of our life, without which we no longer represent our existence, because it appears in our lives since our birth.
Stuart little
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August 20, 2018, 08:29:28 AM
 #1875

Due to the fact that smart contracts appeared and began to develop, there were opportunities to do things that had not been possible before.
turenkopolina1992
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August 20, 2018, 09:00:47 AM
 #1876

Due to the fact that smart contracts appeared and began to develop, there were opportunities to do things that had not been possible before.
This is a revolution, thanks to which contracts have been developed that are carried out only after the fulfillment of the set conditions.
NatalieVishneva
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August 20, 2018, 09:21:35 AM
 #1877

Due to the fact that smart contracts appeared and began to develop, there were opportunities to do things that had not been possible before.
This is a revolution, thanks to which contracts have been developed that are carried out only after the fulfillment of the set conditions.
Yes, thanks to smart contracts, automation on the blockchain platforms has significantly increased, which also simplified a lot.
hollymoolly
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August 20, 2018, 09:50:03 AM
 #1878

Every day we hear artists complaining about a lack of transparency in the music business and unfair compensation for the use of their music in digital services.
Great Man
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August 20, 2018, 10:18:31 AM
 #1879

The music industry began to show active attention in relation to the technology of blockchain. And that's why: this gives artists more opportunities to control the development of their career.
super stas
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August 20, 2018, 10:35:17 AM
 #1880

The big benefit for artists is that blockchain technology allows you to conduct transactions in digital coins in a single-peer network.
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