Konferenzbeitrag
Is blockchain a new opportunity or too good to be true?: a social representation study of artists in the Korean music industry
The distribution of the royalty share of online music has been opaque and unbalanced between artists and business actors. Discussion to attain fair distribution structure has been a persistent controversy and yet overlooked mission until today worldwide, including Korea. Realizing the necessity of structural reform, scholars and practitioners have been paying attention to blockchain technology as a potential solution to disintermediation of royalty distribution structure in music industry (Chalmers et al., 2021). The emergence of such technology is deemed as an innovative technology to raise the next paradigm shift by allowing direct interaction and trade among the creators and consumers, disregarding the intermediary trade commissions by business actors (Leja et al., 2017). In other words, blockchain demonstrates a silver lining to gain a just profit share to copyright holders and overcome the decade-old problem of unfair distribution. (...)
- Language
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Englisch
- Bibliographic citation
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Series: 32nd European Conference of the International Telecommunications Society (ITS): "Realising the digital decade in the European Union – Easier said than done?", Madrid, Spain, 19th - 20th June 2023
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Parc, Jimmyn
Kim, Shin Dong
- Event
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Veröffentlichung
- (who)
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International Telecommunications Society (ITS)
- (where)
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Calgary
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
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Object type
- Konferenzbeitrag
Associated
- Parc, Jimmyn
- Kim, Shin Dong
- International Telecommunications Society (ITS)
Time of origin
- 2023
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