Automating Royalties: A Framework of Smart Contracts for Cross-Platform Content Revenue

Abstract

The traditional content monetization system is plagued by lack of transparency, delays, and inefficiencies in royalty payments. The creators struggle to receive timely and fair compensation for their work, particularly when their content is distributed across various platforms like Spotify, YouTube, and Instagram. This research proposes a novel framework utilizing blockchain technology and smart contracts to simplify and standardize royalty distributions, ensuring they are transparent, efficient, and fair for creators across multiple platforms. We examine the technical structure of the smart contract platform, analyze its financial characteristics, and demonstrate its ability to revolutionize content monetization