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The Benefits of Non-Fungible Token (NFT) Technology in Music Copyright

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Distributed Ledger Technology (SDLT 2023)

Part of the book series: Communications in Computer and Information Science ((CCIS,volume 1975))

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Abstract

The emergence of Non-Fungible Tokens (NFTs) has presented a novel opportunity to address long-standing challenges in the realm of music copyright. This research paper explores the current iterations of NFTs as a potential solution for music copyright in the digital age. By leveraging blockchain technology, NFTs offer a unique and secure method for establishing ownership, verifying authenticity, and enabling direct artist compensation. This study examines the application of NFTs in the music industry, highlighting their potential impact on copyright management, royalty distribution, fan engagement, and licensing processes. Furthermore, the paper discusses the implications and limitations of adopting NFTs as a copyright solution and addresses potential legal and regulatory considerations. By shedding light on the intersection of NFTs and music copyright, this research aims to contribute to the ongoing discourse surrounding the transformative potential of blockchain technology in the music industry and its implications for creators, copyright holders, and music enthusiasts alike.

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Author information

Authors and Affiliations

  1. The University of Queensland, St Lucia, QLD, Australia

    Jie Dong, Naipeng Dong & Guangdong Bai

Authors
  1. Jie Dong
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  2. Naipeng Dong
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  3. Guangdong Bai
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Corresponding author

Correspondence to Jie Dong .

Editor information

Editors and Affiliations

  1. University of Queensland, Brisbane, QLD, Australia

    Naipeng Dong

  2. Southern Cross University, Bilinga, QLD, Australia

    Babu Pillai

  3. University of Queensland, Brisbane, QLD, Australia

    Guangdong Bai

  4. University of Queensland, Brisbane, QLD, Australia

    Mark Utting

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© 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Dong, J., Dong, N., Bai, G. (2024). The Benefits of Non-Fungible Token (NFT) Technology in Music Copyright. In: Dong, N., Pillai, B., Bai, G., Utting, M. (eds) Distributed Ledger Technology. SDLT 2023. Communications in Computer and Information Science, vol 1975. Springer, Singapore. https://doi.org/10.1007/978-981-97-0006-6_7

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  • DOI: https://doi.org/10.1007/978-981-97-0006-6_7

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-97-0005-9

  • Online ISBN: 978-981-97-0006-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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