LabelsCoin is a Swiss-based platform that leverages blockchain technology to enhance transparency and fairness in the music industry by facilitating the tracking and exchange of music copyrights and royalties. Founded in 2017 by Dr. Serena Spada, LabelsCoin has developed the Shoma™ Device, an industrial device capable of recognizing and coding musical compositions played in various environments, including live performances and digital formats. This device transmits data to the blockchain in real-time, ensuring accurate tracking of music usage and enabling prompt royalty payments to creators. The platform offers a suite of services designed to automate the detection of music playback, verify copyright status, and manage royalty distributions efficiently. By utilizing smart contracts, LabelsCoin ensures that agreements are securely recorded and executed on the blockchain, providing immutable and transparent records. In addition to its technological innovations, LabelsCoin has introduced the Shoma AI app, empowering music creators to track where their songs are played and monitor their earnings in real-time. This app aims to give artists greater control over their work and income. By integrating artificial intelligence and blockchain technology, LabelsCoin addresses longstanding challenges in the music industry related to copyright infringement and royalty distribution, offering a modern solution for artists, record labels, and other stakeholders. 🔑 Top 5 Keywords: Music Copyright Protection Royalty Tracking & Distribution Blockchain & Smart Contracts AI-Powered Playback Detection Fair Payments for Creators
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