Abstract:
With the advancement of technology, the music industry has become highly
technological. This is the reason for the many advantages and disadvantages
of the music industry. Copyright infringement is a serious issue that has
emerged with technological advancement. Traditional copyright protection
platforms' weaknesses are copyright protection drawbacks, and the inability
of other parties (without the copyright owner) involved in the creation to get
their revenue directly. Therefore, this research introduced a new model with
a customizable revenue distribution facility using the Ethereum blockchain
and smart contracts for copyright protection. 100 music files were used to
determine the success of the model by changing factors such as pitch and
speed. In addition to that, the frequency of copyright identification and
uploading speed are also obtained. Existing platforms and the research model
were compared using descriptive analysis. In this suggested solution, music
files are protected through the block encryption method, and the system
makes use of smart contracts to control the entire life cycle of digital
copyright. The accuracy of the revenue model was checked by calculating
the Ethereum gas price and revenue amount. When compared with
traditional copyright protection systems, this model has a higher success rate
than traditional platforms, and it is a very successful model for copyright
owners to protect their creative rights and as a revenue-sharing platform.