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Introduction

With the rise of digital streaming platforms, the music industry has undergone a significant transformation in recent years. While these platforms have made it easier for artists to distribute their music to a global audience, they have also created challenges in terms of royalty distribution. The current system of royalty distribution in the music industry is complex, inefficient, and prone to errors, leading to artists not receiving their fair share of earnings.

Blockchain technology has emerged as a potential solution to this problem. By providing a secure and transparent way to track and distribute royalties, blockchain has the potential to revolutionize the way artists are paid for their work. This thesis explores the application of blockchain for royalty distribution in the music industry, examining the benefits and challenges of implementing this technology.

Chapter 1: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter 2: Literature Review
2.1 Evolution of royalty distribution in the music industry
2.2 Current challenges in royalty distribution
2.3 Introduction to blockchain technology
2.4 Applications of blockchain in the music industry
2.5 Case studies of blockchain adoption in music royalty distribution
2.6 Benefits of blockchain for royalty distribution
2.7 Challenges of implementing blockchain in the music industry
2.8 Comparison of blockchain to traditional royalty distribution systems
2.9 Regulatory issues and legal considerations
2.10 Future trends in blockchain technology for royalty distribution

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Sampling techniques
3.4 Data analysis procedures
3.5 Ethical considerations
3.6 Research limitations
3.7 Research validity and reliability
3.8 Research implications

Chapter 4: Discussion of Findings
4.1 Overview of findings
4.2 Analysis of data collected
4.3 Comparison of findings with existing literature
4.4 Implications for the music industry
4.5 Recommendations for implementing blockchain in royalty distribution
4.6 Future research directions
4.7 Challenges and opportunities

Chapter 5: Conclusion and Summary
5.1 Summary of key findings
5.2 Conclusions drawn from the study
5.3 Recommendations for further research
5.4 Implications for the music industry
5.5 Final thoughts on the potential of blockchain for royalty distribution

Thesis Overview

The music industry has been grappling with issues of fair royalty distribution for years, with artists often receiving less than their rightful share of earnings due to inefficiencies and lack of transparency in the current system. Blockchain technology offers a promising solution to this problem, providing a secure and decentralized way to track and distribute royalties to artists.

This thesis explores the potential of blockchain for royalty distribution in the music industry, examining the benefits, challenges, and implications of implementing this technology. Through a comprehensive literature review, research methodology, and discussion of findings, this study aims to shed light on how blockchain can revolutionize the way artists are paid for their work.

By delving into the evolution of royalty distribution, current challenges faced by artists, and the applications of blockchain technology, this thesis provides a thorough analysis of the potential impact of blockchain on the music industry. Through a critical examination of case studies, regulatory issues, and future trends, this study offers insights into the transformative power of blockchain for royalty distribution.

Ultimately, this thesis seeks to provide valuable recommendations for industry stakeholders, policymakers, and researchers on how blockchain can be leveraged to create a more transparent, efficient, and equitable system of royalty distribution in the music industry.

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