WEB 3 Music: Can Web3 Revolutionize Music Royalty Payments
Web3 technology has the potential to revolutionize music royalties. Web3 allows for more transparent, secure and automated royalty payments, which can greatly benefit artists, record labels and other stakeholders involved in music production. It can also help streamline the payment process for music royalties and eliminate the need for manual accounting of music rights and royalties. Additionally, web3 technology provides data security and immutability of payments, which reduces the risk of fraud and loss of royalties. Moreover, direct payments between artists and rights holders without any intermediaries reduce the costs associated with royalty payments.
About Dwight Miller
With a dynamic career spanning the realms of technology and music, I've established myself as a pioneering entrepreneur at the intersection of innovation and creativity.
Beginning in the computer industry, I honed my skills as a computer engineer and educator, notably training engineers at Cape Canaveral and immersing myself in the cutting-edge world of technology. Transitioning to the music industry, I co-founded PKB Arts & Entertainment, producing iconic events such as the St. Lucia Jazz Festival and collaborating with legendary artists including Carlos Santana, Luther Vandross, and Patti Labelle.
Amidst the challenges of the pandemic, I delved into blockchain technology, aiming to revolutionize the music industry by empowering musicians through Web3 technology. My vision is to create a more equitable and sustainable music ecosystem, where artists thrive and technology serves as a catalyst for positive change. As I continue to navigate the ever-evolving landscape of entrepreneurship, I remain committed to driving progress and leaving a lasting impact on both industries.