Band Name Vault allows bands to record name on a blockchain & search database; potentially mitigates risk of TM infringement & supplements rights enforcement

Source: A Journal of Musical Things. Date: 10.23.2016.

Similarly to my post about Veredictum, I think Band Name Vault provides an enforcement mechanism that could be used as evidence in a trademark infringement case – depending on how well that evidence holds up in court.

What interests me from a technical perspective is how Brand Name Vault has accomplished the query function. Ability to query data stored on a blockchain continues to be a challenge because hashes are not very easy for humans to remember or understand (but machines love ’em!). If Brand Name Vault has cracked that nut, that’s an interesting development.

They claim to be the largest database of bands in the world, which is advantageous from a business perspective since their value proposition depends on how well they leverage the network effect. On the other hand, while their U/I is a lot prettier than the USPTO’s trademark search database, their service does not provide the same rights as one receives when registering their trademark with the USPTO.

The founder, Barney Wragg, is a former EMI, UMG, and Really Useful Music Group exec.

Revelator, startup with a cloud-based platform for music licensing, distribution, and analytics, raises $2.5M Series A

SOURCE: TechCrunch DATE: 8.29.16. SECONDARY SOURCE: CryptoCoinsNews.

Exigent Capital led the round. Digital Currency Group and Israeli early-stage fund Reinvent also participated.

From my research, it is not clear exactly how Revelator is using a blockchain; however, it is clear they are interested in furthering the aims that blockchain-based initiatives are driving, including increased transparency, efficiency, and automation.

And, they’ve got public radio excited about blockchains. Woot, woot!

Blockchain + Music Report

Blockchain For Creative Industries Research Cluster Middlesex University releases report, Music on the Blockchain, about the opportunities and challenges for blockchain technology to solve problems in the music industry.

It is one the most comprehensive reports I have seen since the Rethink Music initiative (from the Berklee’s Institute of Creative Entrepreneurship) published Transparency and Money Flows one year ago.

In addition, it is great to see consideration of past efforts to achieve what blockchain technology is capable of for this industry, namely the Global Repertoire Database.

Imogen Heap explains Mycelia to WIPO Magazine

SOURCE: WIPO Magazine. DATE: April 2016.

Imogen explains key opportunities and challenges in the current state of the music industry, and how Mycelia can address them via a multi-stakeholder model, quality certification marks, a verified database, and smart contracts.

What questions do you have about Mycelia?

Side note: cool to discover that WIPO (the World Intellectual Property Organization) has a magazine!

Interesting partnership to innovate biz models & transactions b/n artists + fans

 

SOURCE: Earning Money For Music Via MUSE Blockchain Platform with CCEDK and PeerTracks DATE: 2016-01-23

Muse (blockchain-based platform), CCEDK (crypto-exchange), and PeerTracks (streaming service) partner. Appears they plan to innovate blockchain-enabled business models for distributing music and facilitating transactions between artists and fans. The concept of artists selling VIP tokens directly to fans with various benefits sounds interesting!

Would you buy one?