Research Article
The Legality of Using Blockchain Technology in Enforcing Music Royalty Rights
@INPROCEEDINGS{10.4108/eai.25-5-2024.2349381, author={Maria Magdalena Astrina Bratajaya and Richard Richard}, title={The Legality of Using Blockchain Technology in Enforcing Music Royalty Rights}, proceedings={Proceedings of the 4th International Conference on Law, Social Sciences, Economics, and Education, ICLSSEE 2024, 25 May 2024, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2024}, month={8}, keywords={blockchain technology intellectual property rights music royalty rights}, doi={10.4108/eai.25-5-2024.2349381} }
- Maria Magdalena Astrina Bratajaya
Richard Richard
Year: 2024
The Legality of Using Blockchain Technology in Enforcing Music Royalty Rights
ICLSSEE
EAI
DOI: 10.4108/eai.25-5-2024.2349381
Abstract
The rapid progress in the field of Intellectual Property Rights (IPR) globally has been driven by the advancement of information technology. Currently, blockchain technology is being increasingly utilized in specific sectors by several countries. The accountability, security, transparency, and permanence offered by blockchain are widely acknowledged. Its potential in various sectors, including IPR, is perceived due to its sophistication. This raises the issue of how the legality of using blockchain technology in music royalty rights. To address this question, the research analysis utilizes a normative juridical research approach. The results of the study show the implementation of blockchain as a backbone serves to connect copyright owners (musicians) with consumers. Additionally, this system will provide data for calculating royalty amounts. The use of blockchain technology in royalty management requires clear regulations among stakeholders, including musicians, record labels, distributors, and music streaming platforms.