MaaS 2017-03-18T03:23:58+00:00

THE PROBLEM

The music industry in its current format is mismanaged, antiquated, and unsuitable for our digital world.

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Inefficient

Identifying rights holders for the trillions of individual streams is extremely complex due to the volume of data.

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Antiquated

Licensing, calculating, and collecting royalties is time consuming and is incredibly inefficient for modern streaming services.

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Untenable

Insuring prompt and accurate payment is an intricate and costly business, which leads to copyright owners enduring payment delays of years.

THE SOLUTION

A decentralised and immutable network.

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Trustworthy

Accurate identification and analysis of copyright ownership enabled by distributed ledger technology (DLT).

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Pioneering

Music as a Service (MaaS) takes care of registration, release, and licensing, which significantly reduces costs for music companies.

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Unprecedented

Using nano-payments, eliminates delays and enables instant payment whilst reducing fees by 66%.

MUSIC as a SERVICE (MaaS)

Internet Music’s MaaS offering allows online streaming services to save considerable costs and manpower that is currently allocated to managing licensing and reporting procedures.

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Request for music

End-user want’s to listen to a music track at the digital service provider (DSP).

Licensing

The Digital Service Provider contracts Internet Music service and receives a licensing approval, pending payment.

Tokenized nano-payment

The Digital Service Provider “buys” the agreed tokens and gets a clearance to present the music track to the end-user.

Cleared for play

The track is cleared for play and Internet Music provides the track, present the metadata and register all relevant data in our blockchain.