Summary
Analyzing the music industry, the paper proposes design principles for blockchain-based DRM that deliver transparent licensing, consistent and complete rights metadata, and efficient transparent royalty payout - by storing metadata on a public ledger, validating it via consensus on a permissioned chain, and enforcing payouts via stablecoin smart contracts.
Artifact
Design principles for a blockchain-based digital rights management (DRM) system for the music industry.
Methodology
Design science research; ten expert interviews; scenario-based design; expert evaluation of principles.