Renowned music industry digital specialist Barney Wragg has announced the launch of a unique new band name registration service for artists. Bandnamevault.com uses Blockchain technology to help musicians protect their band, DJ, or stage name without spending thousands of dollars to register a trademark. Using a customized search engine that draws data from multiple major music services and databases artists can now search potential new band names for free. Once an artist finds an available name, for $15 they can create an immutable record of that name, and critically all of their uses of that name including every gig, recording, public performance or other appearance. All of this information is permanently linked to the Blockchain and can be independently verified at any time in the future. Following registration with Bandnamevault.com the name is usually published and verified on the Bitcoin Blockchain within 30 minutes. The Bandnamevault.com service is built on the Bitcoin Blockchain, which supports the $10bn Bitcoin currency, a technology that ensures long term robust data registration. Bandnamevault.com utilizes innovative hash encryption technology to overcome the limited space available in the Bitcoin Blockchain and ensure that registered data is linked irevocably to the Blockchain. This is the first truly practical and commercial use of the Blockchain specifically designed for the music industry. Bandnamevault.com uses Tierion , a Blockchain proof engine, to record artist’s band name registrations on the Blockchain. The company has plans to build a number of additional Blockchain based services for the for the music industry, details of which will be announced in the coming months. Barney Wragg, has held global digital strategy positions at EMI and Universal Music Group and until recently was CEO of Really Useful Group before launching his own investment and advisory company Unit 1 Ventures in July. Barney is joined at […]
