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Hyperledger Blockchain-Based Music Distribution Platform

Hyperledger Blockchain-Based Music Distribution Platform

  • This platform tracks settlement history using distributed ledger management of music revenue settlement and revenue settlement rules/settlement history on blockchain
  • Hyperledger Fabric blockchain-based music distribution platform
  • Provision of Distributed Ledger Management for Invoice Settlement Rules for Music Revenue
    • Audits invoice settlement rules for music revenue through distributed ledger management
  • Music Revenue Invoices Settled on Blockchain
    • Settles music revenue invoices on blockchain using invoice settlement rules of distributed ledgers on blockchain
  • Provision of Distributed Ledger Management of History of Music Revenue Settlement
    • Saves history of invoice settlement on blockchain to be accessed when needed when auditing the history
  • Blockchain-Integrated Web Service
    • Enables music buyers to search music purchase history and view purchase status on the web
    • Allows the creator to manage music revenue and invoices
  • A user purchases music from a music distribution website
  • The invoice for the purchase is settled on the blockchain according to the rules for settling music revenue as saved on the blockchain
  • The history of settlement conducted on the blockchain is saved on the blockchain
  • The creator of music confirms the history of settled invoice on the music distribution website
  • The auditor of music revenue settlement looks up the history of settled invoices on the blockchain and conducts an audit on the settlement history