(Regular Paper) 23 5, 2018 9 (JBE Vol. 23, No. 5, September 2018) https://doi.org/10.5909/jbe.2018.23.5.701 ISSN 2287-9137 (Online) ISSN 1226-7953 (Print) a) Music Industry Using Blockchain Technology: Trends and Future Prospects Yunhwa Koh a).,. ( ),... Abstract The purpose of this paper is to analyze the changes of the digital music platforms and digital profit distribution issues which are considered to be the most important part of the application to the Global music industry based on the block chain system. This attempt is not to reveal the success of the block chain and the value judgment in the societies that will come in the future. How to apply the original function of the block chain in the field of the music industry, which has changed a lot in the digital era, this paper focused on what we need to work on. First, I will briefly review the structure and major functions of the block chain system and the crypto-currency, and examine the link between the blockchain and the music industry. In addition, I will focus on some overseas cases that are actually applied, and examine the possibility of applying them in the domestic music industry. Through this, I expect that this article will become a cornerstone for discussing the development direction of the music industry, especially the Korean music industry, which is constantly changing due to the technological advancement process. Keyword : Blockchain, Crypto-currency, Music industry, Profit distribution a) (Korean National Police University) Corresponding Author : (Yunhwa Koh) E-mail: yunhwakoh@gmail.com ORCID:http://orcid.org/0000-0002-3188-764X Manuscript received August 24, 2018; Revised September 18, 2018; Accepted September 21, 2018. Copyright 2016 Korean Institute of Broadcast and Media Engineers. All rights reserved. This is an Open-Access article distributed under the terms of the Creative Commons BY-NC-ND (http://creativecommons.org/licenses/by-nc-nd/3.0) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited and not altered.
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