Home Blockchain Algorand Blockchain (ALGO) Integrated with ANote Music and Other Developments

Algorand Blockchain (ALGO) Integrated with ANote Music and Other Developments

Algorand Anote Music

ANote Music recently announced that it had integrated its platform with Algorand blockchain.

ANote Music, provides a secure and transparent platform for artists, record labels and publishers to be financially independent, while keeping all their artistic control. The platform permits music owners to grow in sync with their network.

Users will be able to connect with fans and followers and stay in control.  They can list future royalty streams to further get immediate access to funds.  They can permit networks to share success to eventually remain 100% in control over copyrights.

A Note music understands that music is the next big asset class. They are focused on embracing innovation, not disruption. By facilitating mutual advantages they are trying to ensure “No job loss for the music industry without threatening players.”

For clarity, music royalties are compensatory payments received by rights holders (songwriters, composers, recording artists, and their respective representatives) in exchange for the licensed use of their music.

Gregoire Mathonet, CTO of Anotemusic stated, “Algorand provides the resilience, security, speed & low fees that we were looking for. The ease of traceability of registered claims is certainly another added value for our platform’s users.”

Important to note, Algorand’s uses have a shared vision for leveraging green blockchain to create a better system that has minimal environmental impact.

This is just one of the integrations.  There are many people who state:  I like Algorand, but there’s so many coins I can buy!  It is important to focus on a small bag of coins (6 or less) with good fundamentals, don’t FOMO into meme coins and HODL the coins you believe in and you will be fine. Well, ALGO is one of the coins with very good fundamentals.

Those who are not looking for a quick pump, but are investing for technology and utility have lot of reasons to like Algorand. Checking their websites is a great way to know more about them. Those who are not sure can invest a very small amount and follow it with time.

Paul Riegle, Algorand CPO shared their new approach to empowering developers on Algorand.  Thus, introducing their approach to accessible languages and the Algorand Virtual Machine – fast, cost effective, sustainable and more powerful applications of the future.

Developers felt this is a good step. Being able to write smart contract in popular programming languages like python, JS, C would certainly make life easier for developers. They need not learn yet another language.

 

 

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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