IOTA-MSS : a pay-per-play music streaming system based on IOTA
Author(s): Melero Martinez, D. (2023)
Abstract:
Over the past few years, music streaming has become the main way for users to listen to their favorite songs. Music Streaming Services (MSS) have become the most influential companies over the music industry, with Spotify reaching 406 million monthly active users as of the end of 2021. Unfortunately many artists argue that MSS have created a system which do not fairly reward their music. To address the matter, this paper proposes the implementation of a Pay-per-Play Music Streaming System called IOTA-MSS using the IOTA distributed ledger technology (DLT). This technology provides a secure and scalable platform to perform micro-transactions. IOTA-MSS takes advantage of these characteristics to create a platform in which users can play and distribute music synchronously with the corresponding payments set by its right holders.
Document(s):
MeleroMartinez_BA_EEMCS.pdf