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Introduction

In recent years, the music industry has undergone significant transformations with the advent of digital technologies. One of the key challenges facing musicians and artists in this digital age is the inefficient and opaque nature of music streaming platforms and royalty distribution systems. Traditional music streaming services are centralized and controlled by a few major corporations, leading to unfair compensation for artists and opaque royalty distribution practices. This has led to widespread discontent among musicians and calls for a more transparent and equitable system.

Blockchain technology has emerged as a potential solution to these issues in the music industry. By leveraging the decentralized and transparent nature of blockchain technology, it is possible to create a fair and efficient system for music streaming and royalty distribution. This thesis explores the potential of blockchain technology in revolutionizing the music industry by creating a decentralized platform for music streaming and royalty distribution.

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 the music industry
2.2 Challenges in music streaming and royalty distribution
2.3 Overview of blockchain technology
2.4 Applications of blockchain in the music industry
2.5 Decentralized music streaming platforms
2.6 Blockchain-based royalty distribution systems
2.7 Case studies of blockchain in music industry
2.8 Benefits of blockchain technology in music industry
2.9 Criticisms and limitations of blockchain in music industry
2.10 Future prospects of blockchain in music industry

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Sampling techniques
3.4 Data analysis
3.5 Ethical considerations
3.6 Operationalization of variables
3.7 Reliability and validity
3.8 Limitations of research methodology

Chapter 4: Discussion of Findings
4.1 Overview of findings
4.2 Analysis of data
4.3 Comparison of centralized vs. decentralized music streaming platforms
4.4 Impact of blockchain on royalty distribution
4.5 User perceptions of blockchain-based music platforms
4.6 Challenges and barriers to adoption of blockchain in music industry
4.7 Regulatory implications of blockchain in music industry
4.8 Future research directions

Chapter 5: Conclusion and Summary
5.1 Summary of key findings
5.2 Implications for the music industry
5.3 Recommendations for stakeholders
5.4 Conclusion and final remarks

This thesis aims to provide a comprehensive overview of the potential of blockchain technology in revolutionizing the music industry, particularly in the areas of decentralized music streaming and royalty distribution. By addressing the challenges and opportunities of blockchain in the music industry, this research seeks to contribute to a more fair and transparent ecosystem for musicians and artists.

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