Swedish audio streaming and media services provider Spotify appears to be planning to add blockchain technology and non-fungible tokens (NFTs) to its streaming service. The firm recently posted two job openings that indicated that the streaming company is exploring the possibility with Web3. Spotify is currently seeking to recruit people to work in the early … Continue reading Spotify Intends to Add NFTs to Streaming Service: Report
Spotify announced on Monday that it is testing a new feature that will allow artists to promote their non-fungible tokens (NFTs) on their profiles. The Swedish audio streaming and media services provider said that the new option is only available for a “very small group of artists.” The firm stated that the test is currently available to … Continue reading Spotify Says Testing New Feature to Allow Artists Promote NFTs
The music streaming giant Spotify is increasing its focus on Web3 by conducting trials of token-enabled playlists in a number of important locations. On February 22nd, Overlord, a Web3 game platform, made the announcement that it will be partnering with Spotify. People who have Creepz nonfungible tokens (NFTs) on Spotify may now access the token-enabled … Continue reading Music streaming platform Spotify expands its Web3 efforts
The ongoing battle between the music industry and artificial intelligence (AI) continues as Spotify removes AI-generated music. According to a report by the Financial Times (FT), the music streaming platform has removed 7% of songs created by the AI music startup Boomy, amounting to “tens of thousands” of songs. Spotify is also said to be … Continue reading Spotify removes AI-generated music
With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement! What are the pain points in the music … Continue reading Exclusive: How is Blockchain Disrupting the Music Industry Globally?
The MakerDao project is the contemporary success story for decentralized finance (DeFi). The project went live in December 2017, with DAI as the USD stablecoin and MKR functioning as the governance token. In the world of decentralized finance, MakerDAO is by far the most popular application running on Ethereum and has been steadily increasing traction … Continue reading The Dapp of 2019? How MakerDAO Took Charge of the DeFi Field
Facebook’s Libra faced another blow as Vodafone announced to have quitted the association. British telecom conglomerate Vodafone is the eighth founding member to leave the Libra Association, which follows the exit of Stripe, Mastercard, Visa, eBay, Booking Holdings, Mercado Pago, and PayPal in 2019. Vodafone’s exit is a different story In June 2019, Facebook announced that it … Continue reading Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association
People have become more tech-savvy as they are considerably embracing various technological innovations, such as the internet and blockchain. As a result, the online world has become a beehive of activities as people transact, communicate, and gather a wide range of information, among others. Nevertheless, safety concerns have risen as hackers and fraudsters continue wreaking … Continue reading 3 Ways Blockchain is Transforming Cybersecurity
In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers. Shots Fired By US Congress Topics that were discussed ranged from data privacy breaches to investigations of the companies’ treatment of their competitors. The CEO tech moguls have been on … Continue reading ‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
Coinbase CEO Brian Armstrong has publicly voiced his disappointment over Apple’s seeming lack of flexibility over enabling decentralized application (dApp) browsers operating off its App store. Coinbase to Potentially Remove App from Apple The American coin exchange CEO had previously announced to its users that Coinbase’s mobile wallet may potentially be removed from Apple’s App store. The Coinbase iOS compatible application enabled users to … Continue reading Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps