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Bittunes

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JAAK

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Bittunes

by Bittunes

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JAAK

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What problem does this service solve?

Bittunes' goal is to use blockchain to improve upon previous music distribution platforms that failed to address copyright and monetization issues.JAAK is building a blockchain-based network that will allow the music industry to record, distribute, and manage their content.

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Company Description

Bittunes is building a blockchain-based network for music distribution. The platform currently uses bitcoin as its primary currency. Artists and consumers earn bitcoin by using Bittunes. In 2015, the company launched an App that allowed independent artists who own the rights to their music to share sales revenue with their fans. They are currently working on additional features and are planning to release the Bittunes Flex token that will serve as the network's utility token. Their network will log content ownership licences and blockchain IDs will be embedded in all audio files. Artists and listeners will be able to participate in a variety of revenue sharing models.

JAAK is developing a blockchain network, called KORD, that will simplify content licensing for musicians and other digital content creators. JAAK aims to build a platform that will allow greater collaboration with intellectual property and licencing issues. The KORD network will hold identifying information about digital content, and could open up a variety of new distribution and collaboration possibilities.

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