How Blockchain Could Have Prevented Taylor Swift’s Song Ownership Battle

The video discusses the challenges creators face in getting paid for their work, focusing on the music industry. It highlights the role of blockchain in addressing these issues by enabling decentralized, transparent transactions and smart contracts. The video also covers the history of music copyrights, the impact of technology on music production, and the potential of blockchain to empower artists by ensuring fair compensation and data access.

What is one of the main challenges faced by TikTok choreographers?

• Collaborating with musicians

• Creating viral content

• Finding new dance moves

• Getting credit for their work

What are the two types of copyrights in music?

• Performance and recording

• Master and composition

• Publishing and distribution

• Lyrics and melody

How did Pro Tools impact the music industry?

• By allowing artists to make quality recordings cheaply

• By reducing the need for music labels

• By increasing recording costs

• By making live performances more popular

What is a key feature of blockchain technology?

• Decentralization

• Manual transactions

• Data overwriting

• Centralized control

How do smart contracts benefit artists?

• By automating royalty payments

• By increasing concert ticket sales

• By reducing recording costs

• By improving social media presence

What problem does blockchain solve for artists regarding data?

• It provides detailed analytics on song popularity

• It ensures artists receive data on where their music is played

• It increases the number of streams

• It helps artists collaborate with other musicians

What is the potential impact of blockchain on new artists?

• It ensures they get more concert bookings

• It helps them find new fans

• It guarantees them a spot on music charts

• It allows them to bypass traditional music labels