/biz/ - Business & Finance

>>18136074
>built for

Openlaw and smart contracts shilled in BBC.com article, Lubin is using consensys' musical venture as a pleb trojan horse (Imogen Heap has two Grammy Awards & releases her music on their platform). Remember one anon/larp who said the musical industry would be very relevant.

www.bbc.com/capital/story/20181112-how-blockchain-could-save-musicians-billionshttp://www.bbc.com/capital/story/20181112-how-blockchain-could-save-musicians-billions

>By embedding blockchains into the digital fingerprint of a song, however, it should be possible to record each time a track is played on a radio station or used in a YouTube video. “The song itself will have the ability to pay all the people involved whenever it is played or purchased,” explains Heap. Information about all the contributors – from engineers to musicians - can be embedded into the blockchain, along with data about the equipment used to record it. “If a radio DJ plays it they can get information about what the song was written about, who was involved,” says Heap. “If an artist wants payments for using a song to go towards a charity for the next two weeks, they can create the contract so it diverts money into a different account. Blockchain is the technology that makes this possible.” “There are going to be loads of jobs emerging involving blockchains,” says Heap. “Blockchains are going to be a big part of our lives and we are going to need a lot of people to help make the changes that are coming.”

Also mentions Swedish land registry and the diamond industry as potential new breadcrumbs.

Lubin is super amibtious and going on the offensive because he knows what he's been waiting for is finally coming, half the projects will be needing oracles + relying on OpenLaw's legal background.

https://media.consensys.net/enterprise-ethereum-blockchain-use-cases-and-applications-by-industry-3914d1210049