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TAO Network Announces the Crowdsale of its Cryptocurrency and the TAO of Music Project

TAO Network, the smart contract DAO platform for creating and operating decentralised applications is currently offering an opportunity for the cryptocurrency community to invest in the ongoing crowdsale.

The TAO Network is built on a solid foundation with a range of enhancements that make its blockchain more versatile and robust. By using IntelliTx technology, TAO Network offers a content agnostic way of creating smart contracts on the platform, irrespective of the protocol. The user-friendly, privacy-centric platform already has one of the many use cases built in the form of ‘the TAO of Music’.

Source: TAO Network Announces the Crowdsale of its Cryptocurrency and the TAO of Music Project

Please Share, With Gratitude

Lance_Koonce_DWT

Lance Koonce , Davis Wright, Tremaine

A few weeks ago Jesse Walden of Mediachain Labs asked me a deceptively simple question: What would a Creative Commons-type license look like if in addition to requesting attribution (as is required by many open licenses), the license also required licensees to let the author know about any re-use?

This exploration is a thought-piece, designed to spur discussion around new technology and the commons. Nothing I say here has been endorsed by the Creative Commons (“CC”) organization, nor am I advocating adoption of any specific new license by that organization. We are simply using the existing public models as a leaping-off point. We are calling the license Gratitude 1.0 and while I’d urge you to read through the background information first, if you want to jump to the license itself, you can read it in full here. All comments and criticisms welcome!

Source: Please Share, With Gratitude — Mediachain Blog

Thomson Reuters to Join R3 – First Major Media House to Sign On 

Thomson Reuters (NYSE:TRI) has enlisted its services to help advance the use of Blockchain technology in the financial services industry by joining Blockchain consortium R3.

The addition of Thomson Reuters to this panel of companies is huge, namely as it will constitute the first major data and technology provider to join the R3 consortium, which presently stands at over fifty-five banks and other financial institutions.

Source: Thomson Reuters to Join R3 Blockchain Consortium – First Major Media House to Sign On – Blockchain News

SESAC launches ‘linking’ tool to speed up revenue for publishers 

John Josephson_SESACUS-based collection society SESAC has launched a new online song linking tool which it says will accelerate revenue and expedite clearances for publishers and distributors. The tool allows publishers to link their compositions to recordings, and integrates with the combined database of SESAC Performing Rights, Rumblefish and The Harry Fox Agency (HFA).

“Our investments in technology and database management allow our team to offer better service and enhanced revenue opportunities for songwriters and their business partners,” said John Josephson, Chairman and CEO of SESAC Holdings, Inc.

Source: SESAC launches ‘linking’ tool to speed up revenue for publishers – Music Business Worldwide

Blockchain businesses embark on world-changing projects 

While bitcoin has yet to be embraced by the public, investors and entrepreneurs are increasingly enthusiastic about the potential for blockchain technology. For the reasons given above, proponents say that blockchain, or distributed ledgers technology, should be used to record and store a wide variety of different transactions and decisions. Information such as mortgage certificates, health records, welfare benefits and even voting registration could be managed via a blockchain. The creation of accessible, secure data networks that run in near real time really does sound like a holy grail in the digital age.

Richard Mabey is the co-founder and CEO of Juro, which uses blockchain technology to underpin the creation and signing of legal contracts. The business provides a freemium (free for the basic features, with a charge for premium features) model for SMEs and a subscription for larger companies and has signed up over 500 clients since launching last year. “We are seeing real traction from businesses and it’s clear that this technology has moved from academia into the world of business,” Mabey says.

Source: Blockchain businesses embark on world-changing projects | Guardian Small Business Network | The Guardian

RightsTech Summit Keynote Conversation With Tim DuBois 

Songwriter and producer, former record label and ASCAP executive, and “recovering CPA” Tim DuBois sat for a fireside keynote chat with RPG Strategies principal Jon Potter at the inaugural RightsTech Summit on July 26 in New York. Among the topics they discussed was the critical role that technology can play in making sure the right people get paid for their work in the music industry.

“I’ve been lucky enough to sit at just about every chair at the table,” within the music business, DuBois recalled. “Anytime that money passes through an organization unnecessarily I get scared. And I have a right to get scared because I’ve worked at most of those organizations. So I know whereof I speak.”

Source: RightsTech Summit Keynote Conversation With Tim DuBois | Concurrent Media

IBM Set to Launch One of the Largest Blockchain Implementations to Date 

International Business Machines Corp. expects to go live as early as September with one of the largest commercial uses of blockchain, the online ledger technology that underpins bitcoin.

The implementation, which will help its financing unit resolve disputes with customers and partners, could send a signal to a market where enormous amounts of money have been invested in blockchain companies and their technology. The move also will make IBM one of the largest organizations to date to shift beyond limited tests of the emerging technology to real-world business transactions.

Source: IBM Set to Launch One of the Largest Blockchain Implementations to Date – CIO Journal. – WSJ

AVC: The Golden Age Of Open Protocols

screen-shot-2016-02-24-at-10-42-13-am-728x369Open protocols are at the heart of many of the most important systems that we have. The Internet works because of TCP/IP. The web works because of HTTP. Email works because of SMTP. These are open systems that developers can build applications on top of. There are plenty of proprietary protocols out there too. But proprietary protocols tend to lock in users and drive value to the owners of the proprietary protocol, like Microsoft, Apple, Google, etc.

One of the problems we have had in tech is that there aren’t large monetary incentives to create and sustain open protocols. If they are open they cannot be easily monetized by traditional means. However, that is changing with the emergence of blockchain technology and crypto-tokens.

Source: The Golden Age Of Open Protocols – AVC

The Inaugural RightsTech Summit: Forward-Thinking Optimism, With Few Music Publishers In Sight 

Dozens of technology, law and music professionals gathered at the Japan Society in New York on Tuesday for the inaugural RightsTech Summit, determined to brainstorm how partnerships between tech companies and content creators could drive smarter rights management and monetization.

Rights tech, like freight forwarding and other under-the-radar industries, is unsexy but wholly necessary, and profitable if done right. Most music-tech startups tend to focus on “first-mile” problems in artists’ careers, such as discovery, marketing and crowdfunding. The last mile—what happens when finished musical works are digitized and, in Rogers’ words, “drop off a data and revenue cliff”—has remained largely untransformed.

Source: The Inaugural RightsTech Summit: Forward-Thinking Optimism, With Few Music Publishers In Sight – Forbes

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