Analysis of Ujo

What is Ujo

The Ujo platform uses blockchain technology to create a transparent and decentralized database of rights and rights owners, automating royalty payments using smart contracts and cryptocurrency.

Ujo Music is a ConsenSys spoke, with a vision for a music industry that allows creators to grow and thrive independently. It is a platform that uses the ethereum blockchain as the substrate for innovation by empowering artists, digitizing their music rights and metadata, sharing this information in an open environment, thus enabling new applications, products and services to license their catelogs and pay artists directly with minimal friction.

History

2015.10, IMOGEN HEAP: In 2015 Imogen Heap collaborated with Ujo to demonstrate how Ethereum could usher in a modern music supply chain built on a backbone of prompt and transparent payments

Why use Ujo

How does Ujo work

Reference

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