he Use of Blockchain for Royalty Distribution in the Music Industry
Abstract
The growth of digital music streaming platforms has changed the way music is distributed and accessed across the world. These platforms make music easily available to listeners the royalty distribution process still faces several challenges. Limited transparency, delayed payments, and the involvement of multiple intermediaries often reduce efficiency and affect the earnings received by artists. This work shows a blockchain-based framework for music royalty distribution. The given system combines Ethereum smart contracts, Non-Fungible Tokens (NFTs), and the Inter Planetary File System (IPFS) to support secure ownership management and automated royalty payments. Smart contracts execute royalty transactions based on predefined conditions, while NFTs represent ownership of digital music files. IPFS is used for decentralized storage to maintain secure and tamper resistant media files. By reducing dependency on central authorities, the framework makes royalty transactions easier to track and supports fair revenue distribution for artists. The obtained results show fast royalty processing and improved revenue sharing compared with old royalty management systems [18].
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