Researchers at Korea University in Seoul conducted interviews with 16 Korean musical artists to gauge sentiments toward the use cases for blockchain in the music industry.
The study, published in a subsidiary of Nature, reported mixed results: The artists thought of blockchain as a possible new route for revenue generation but doubted blockchain-enabled applications would become reality.
Interviewees believed that blockchain applications for the music industry could better their financial prospects and help protect copyright. Skepticism stemmed from a general belief that blockchain music startups would lack the heft to unseat the current behemoths in the music industry.
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