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Understanding the impact of blockchain and NFT on the music industry
Many of us have heard of both blockchain and cryptocurrency, but have you really taken time to understand what they are and how it may affect our future?
Did you realise that blockchain may have a profound effect on artists/musicians and how they distribute their content?
4ZZZ's Eliot Rifkin chatted with Ralph Kalsi the CEO of Blockchain Australia about blockchain and NFT
...and for a deep dive and learn some Blockchain terms:
Feel free to contact Ralph at Blockchain Australia, either by email or call him - 0433 426 577. You can also follow Blockchain Australia on, LinkedIn, Twitter and Facebook
To begin your journey into grasping blockchain, check out some case studies from Blockchain Australia. You can also visit 101 Blockchains or consider one of these free courses to learn Blockchain
Here's some Blockchain terms:
- NFT (Non Fungible Tokens)
- DeFi (Decentralised Finance)
- Digital Money
- Cryptocurrency
- Blockchain Wallet
- Self Sovereign ID
- Bitcoin and to download the paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" authored by Satoshi Nakamoto
- Nano Ledger Wallet
Have a play and set up a wallet to sell your first NFT - here's a good overview how to get started at Kapwing Resources and an example of one of the most accessible sites for art and music creators and collectors looking to get into NFTs - Rarible
…and get stuck into Blockchain by having a play with cryptocurrency exchanges that have hosted blockchain wallets:
- Coinspot
- Coinspace
- Coinplace
- BIKI feed market
- Coinbase
- Mining exchanges - Blockchain.com,
- PSO - Producer Supply Organisation
- Smart Contact code
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