First Industry Partners Join dotBlockchain Music Project

The dotBlockchain Music Project – dotBC, which aims is to solve the complex data, rights, ownership and payment issues experienced in the music industry, has announced its first four industry partners: Canadian Music rights organization SOCAN, its wholly owned subsidiary MediaNet, Songtrust, CDBaby and FUGA. The partners will contribute vital technical and financial resources to the project, which will allow dotBC to accelerate its product development efforts.

The combined companies bring a catalog of more than 65 million sound recordings from independent and major labels linked to the world’s repertoire of musical works into the global ecosystem. With more than 500,000 new recordings added each month, dotBC will be working with the vast majority of the modern music library, ensuring comprehensive coverage of recorded works for the project.

 

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