Stories

Understanding the impact of blockchain and NFT on the music industry

Saturday, September 25, 2021

by Eliot Rifkin

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

Eliot Rifkin

Eliot Rifkin is a Journalist and Producer on Thursday Brisbane Line

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