Musicoin was created to aid musicians with issues that they face with distribution and consumption of music. In this musicoin review, I take a look at the musicoin platform and how smart contracts can help the music industry.
How the system uses a specific algorithm to help compliment the creation of automated third part free contracts. Aka smart contracts.
Here musicians can complete a value exchange with consumers without a need for a third party solution. With a unique currency and a solid peer-2-peer (P2P) contract system, large-scale transactions around music become possible.