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Because the underlying blockchain technology business model is to optimize this model, works with artists, allowing them to launch, distribute, are not yet able to as little as a few agile and reduce their costs.

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Spotify has acquired the Brooklyn-based blockchain startup Mediachain Labs, whose team will join the company's office in New York where they. "The goal of Mediachain is to unbundle identity and distribution. We're the identity layer on which distribution platforms can be built," Walden. Crypto � Decentralized Finance � NFTs � Regulation � Technology � In this photo Mediachain Labs. Mediachain Labs operates a protocol for registering.

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Funding Rounds Funds Analytics Dashboard. New media companies like Tumblr, they said, could enable its users to search images, even those substantial altered by subsequent creators, by using its API. When used in conjunction with a service like Instagram, Nazarov and Walden envision a future where users who wanted to repost an image would be able to pull up historic information on the file using Mediachain. View More Pursuits. They went so far as to project that new efforts could spring up more easily, allowing innovation on a platform layer that has so far produced mostly market-leading players such as Spotify and Netflix, with few competitors in between.