Spotify acquires Mediachain to develop blockchain technology that matches royalties with rightsholders

Spotify has acquired Mediachain, the New York-based startup behind an open source peer-to-peer database and protocol for registering, identifying, and tracking creative works across the internet. Terms of the deal were not disclosed.

Source: venturebeat.com/2017/04/26/spotify-acquires-mediachain-to-develop-blockchain-technology-that-matches-royalties-with-rightsowners