Grammy Award-winning Imogen Heap is using the proceeds from her score for the Harry Potter musical and a surprise ethereum windfall to fund a blockchain project to help musicians keep track of, and get paid for, their music.
Heap appeared at the MoneyConf conference in Dublin this week to talk about her project Mycelia. Heap wants to create a blockchain-based app that will allow musicians to store all the information about their work in one place. Currently, no central repository exists for information like publishing rights, recording rights, and composition rights.
“It’s about how to ease flow of payments, how to ease collaboration, how to grow partnerships, how to make better collaborations on a business level and a creative level,” Heap told Business Insider.
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