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Want to get into a streaming company that's putting a lot of resources into their blockchain technology...Are there any?
Blockchain for what?
It makes your dick grow bigger
Spotify bought a blockchain startup two years ago, I believe the startup’s goal at the time was improved rights management for music. I don’t know whether they continued down that path after the acquisition or not; there hasn’t been much news about it since then.
I don't understand the usecase, clearly neither the streaming nor storage is going on the chain, so what is, and why did it need to be?
Content rights payment. Maybe even payment to hosting provider
Sure, but the streaming company's information would be on a public chain, and auditable by competitors who can use network analysis to determine private competitive like information like user composition, content viewership, cost of hosting, residual deal size etc. Meta-transactions and ephemeral addresses can mitigate this, but UX is terrible Unless there's a workable zero knowledge proof / homomorphic encryption implementation protecting that information, they'd use a private/permissioned chain, at which point they might as well use a centralised database
In the context of music streaming, the typical usecases involve tracking rights ownership of assets. There is no single official database of record when it comes to the ownership and administration information around musical compositions or sound recordings. There are a number of private databases that are incomplete and in some instances inaccurate. There are also a lot of companies positioned within the value chain of identifying, collecting, and passing on revenue from streaming to the actual owners of the content. One of the promises of blockchain & music is the disintermediation of these companies, theoretically using blockchain to pay artists directly and transparently. While there are a number of startups working on this, it’s been several years and I’ve yet to see a successful, highly scaled implementation of the concept.
Sure, but I don't see the incentive for the dominant companies to give up their private databases to be transparent and fair to artists, their track record for doing so certainly doesn't inspire confidence in that as a core value
I agree with you, and the fact that none of the big DSPs are investing in blockchain (as far as I know) is indicative. The direction the industry seems to be going in is that big DSPs like YouTube or Spotify have their own closed databases, as does the Harry Fox Agency, Dubset, R.Ai, ICE, Armonia and other processing hubs that offer similar matching services to smaller DSPs that can’t afford the time and cost to build their own databases. It’s worth noting that the big record labels tried to build a single cooperative database called the Global Rights Information Database (GRID) a few years ago and after a few years and a couple million invested, the project fell apart over infighting on who would own it. That said, the Music Modernization Act of 2018 and the new government agency called the Music Licensing Collective that will build a single centralized database like GRID may ultimately force more transparency across the music industry. But it won’t be on the blockchain...
Your looking for that 🔥 mobile social cloud ai blockchain security co.
take a look at younow and props
dtube uses steemit's blockchain
Sounds very computational intensive but happy to learn more.