Russian star transfers song rights on blockchain as major labels watch

[Lenipiw]

Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform. Russian pop singer Oleg Kenzov has completed the first digital rights transfer of a song he wrote using a blockchain platform backed by the government.

According to VC.ru, the studio Soyuz reached a licensing agreement deal with music service FONMIX to distribute Kenzov’s song “Po Kaifu” to stores, restaurants, and gyms who wish to use it for marketing purposes.
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