The blockchain is a decentralized and immutable database that stores transactions in a chain of blocks. Each block contains a list of transactions and is cryptographically linked to the previous block, allowing for a secure and transparent record of all transactions. Additionally, this list of records is continuously expandable.

In general, the blockchain is used in many areas such as cryptocurrencies or supply chain management.

In the music industry, it can be used to revolutionize the management of music rights and royalties, as well as interactions between artists and their fans.

Some of the main advantages of the blockchain in the music industry are:

Transparency: All transactions and rights can be tracked in real-time, simplifying the calculation and distribution of royalties.

Security: Due to its decentralization, the blockchain is resistant to manipulation and fraud.

Direct interactions: Artists can sell their music directly to fans while retaining full control over their works.