DDEX, ISRIC, CWR… the acronyms and formats spill on. Collection societies, publishers, labels, distributors… everyone is running their own database and bridging gaps between them is a complicated, messy affair.

What if there was a single, decentralized repository that no one and everyone owned? An instantly accessible source of information that could act as a single point of truth. That’s the aim of this project. Ambitious, but achievable. We have a roadmap and an eager list of participants converting an idea into action.

There are lots of music/blockchain projects. Some are proprietary. Some aren’t fully open source. Some are overly ambitious in their scope. We believe in crawling before we walk, therefore we have identified three distinct modules. Each one taking as long as necessary to fully evolve.

basic

A BASIC BLOCKCHAIN DATABASE

  • starting with the indie music market
  • seeded by content from Resonate + other partners (TBA)
  • publicly readable, decentralized and open source
  • based on the COALA IP
  • all industry formats (DDEX, CWR, ISRC, etc)
  • editing/access via partners

identity

IDENTITY MODULE

Ownership, rights, payments. Identity is serious. This second phase will be explored from various angles – research driven by academic institutions, prototypes and workshops among niche music circles and vetting/risk assessment from the overall blockchain community.

Purposely moved into a later, extended development phase owing to the complexities inherent in mashing up identity with the blockchain.

licensing

LICENSING MODULE

The most complex phase. Smart contracts plus human expertise to facilitate expedited payments and agreements for sync licensing, performance rights and more. Purposely scheduled in the final phase owing to the extreme degree of nuance and complexity that arises from the vast number of markets, territories and the always elusive human element that drives decisions around the commercial exploitation of artistic creations.

As the range of partners diversifies, powerful licensing + content-sharing connections can be made instantaneously across the network.

FOUNDING PARTNERS

resonate-logo-600-purple


MEMBERS


RESEARCH PARTNER