From the past century, piracy has been a great issue for music industry. Every song is available over the internet for free downloading. Sony, EMI and some other companies are trying to fight against piracy to save their revenue. Along with companies lyricists, composers and producers are also losing their cut/share too. They are lead workers and they get their fewer cuts at last. They don’t even know how and where people are listening to their work and they have no idea how their work is being admired or appreciated.
Now music industry can be satisfied by new methods. Now the music industry can take advantage from blockchain too after suffering a crucial relation with the tech sector.
Music will be issued on a specific account having a unique ID which cannot be changed. The problem of downloading free of cost material from digital world will come to an end. All information regarding to each record will be easily available to everyone to go through it. So that the right owner will get paid each time when his/her publication is being used.
