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Wednesday, 11/14/2018 1:07:40 AM

Wednesday, November 14, 2018 1:07:40 AM

Post# of 64600
Musical chains...the endless opportunities of blockchain.

Interesting article from BBC:

A recording of one of the two-time Grammy winner’s songs at the concert in Stockholm, Sweden, is to be released for sale online. Embedded within its digital code will be a [blockchain] contract that ensures 150 ordinary audience members receive a portion of the royalties made from the sales.

Blockchains can also be used to create other sorts of contracts, in a similar way to legal documents, that can automatically execute different steps in a deal. For example, the blockchain contract could issue payment when an item is delivered safely, while also ordering replacement stock for the seller.

...demand for employees with expertise in blockchain technology doubled during 2017 and is six times higher than it was in 2015.

“Blockchains are going to be a big part of our lives and we are going to need a lot of people to help make the changes that are coming.”

If our boy, who is keenly interested, can grab a slice of that pie we will be alright.

http://www.bbc.com/capital/story/20181112-how-blockchain-could-save-musicians-billions

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