music-metadata-layer
The foundational layer that manages decentralized, authoritative music metadata, including digital identity and protected access to musical works.
1 chapter across 1 book
Building the New Economy: Data as CapitalAlex Pentland, Alexander Lipton, and Thomas Hardjono
The chapter explores how data cooperatives can empower artists and musicians in the gig economy by collectively managing their creation metadata and rights within a decentralized digital music ecosystem. It proposes a layered architecture featuring an open-access music metadata layer with authoritative, digitally signed metadata files notarized via distributed ledger technology, enabling transparent licensing and royalty management through smart contracts. The chapter emphasizes the role of data cooperatives in providing fiduciary management of personal data and digital assets, fostering trust, interoperability, and equitable participation in the evolving music industry.