The artist Imogen Heap is working on a blockchain based music service. Its called Mycelia...
You may know her from this song
https://www.youtube.com/watch?v=UYIAfiVGlukMs. Heap acknowledges that we’re some time away from “solving” the problem, but Ms. Heap’s vision – a project she refers to as Mycelia – for how this change might come about is the most fully-formed I’ve yet to hear from anyone. Very interesting interview.
Goes on to say
Watch this space, Imogen Heap is primed, and it’s about to get interesting.The whole interview can be found here
http://www.forbes.com/sites/georgehoward/2015/07/17/imogen-heaps-mycelia-an-artists-approach-for-a-fair-trade-music-business-inspired-by-blockchain/It's a two part interview. Part one does not get into how this system will work. Basically says that the music industry is going to implode in about five years in the future when artists get sick of the awful deals they have been dealing with for all of time.
Then goes on to discuss how this blockchain cryptocurrency idea where artists will all be connected will be the most treasured database of all time.