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Every one of those can be challenged. You choose any industry, and this technology holds huge capacity to disrupt it, creating a more thriving world where people get to get involved in the value that they create. The music industry, for instance, is a disaster, at least from the viewpoint of the artists.

Then, along came the technology business, which took an entire lot of value, and the songwriters and artists are entrusted to crumbs at the end. What if the brand-new music industry was a dispersed app on the blockchain, where I, as a songwriter, could post my tune onto the blockchain with a wise contract defining how it is to be utilized? Maybe as a recording artist posting my music on a blockchain music platform, I'll say, "You listen to the music, it's free.

You put it in the motion picture, the wise agreement pays me." Or how about using it for a ring tone? There's  Learn More Here  for that. This is not a pipeline dream. Imogen Heap, who's a brilliant singer-songwriter in the UK, a best-selling recording artist, has now been part of producing Mycelia, and they're working with an incredible company called Agreement Systems, that's all around the world, blockchain developers, using the Ethereum platform; Ethereum is one blockchain.

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I totally anticipate that lots of huge recording artists will be seriously investigating a whole new paradigm whereby the musicians get made up for the worth that they create. What could go wrong? I'm not a futurist. I think the future's not something to be predictedit's something to be attained. What we're arguing is that this innovation is revolutionary and holds vast capacity to alter society.