"Blockchain and the Arts: How Distributed Ledgers Will Revolutionize Music, Fine Art, Publishing, and TV/Film," Davis Wright Tremaine, New York, N.Y.
A Panel Discussion Moderated By Joseph Lubin, Founder, Consensys
Over the past two years, the financial industry has both been shaken as well as energized by a new technology first implemented as part of the Bitcoin cryptocurrency: The blockchain. But what is it, and what relevance does it have to other industries? The answer is that blockchain technology represents a new twist on ensuring trust between parties to a transaction – virtually any transaction.
Blockchain technology may turn out to be as revolutionary as the Internet and mobile computing in changing fundamental aspects of many businesses, including businesses based on creative content. But whereas the Internet and mobile technology primarily changed the way content is distributed, the blockchain will change the ways in which deals get made and people get paid. Want to create a music royalty system featuring automated, secure transactions with the pie split any way the parties wish? Consider blockchain technology. Want to guarantee the provenance of a painting, or the date of copyright of a written work? Blockchain technology.
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- Bill Wilson, VP, Digital Strategy & Business Development, Music Business Assoc.
- Benji Rogers, Founder, PledgeMusic
- Robert Norton, Founder, Verisart
- Milana Rabkin, Co-Founder, Stem
- Lance Koonce, Partner, Davis Wright Tremaine LLP