Avalanche Revolutionizes Music Royalties with Blockchain Integration
Joerg Hiller Nov 21, 2025 04:24
Record Financial leverages Avalanche blockchain to streamline royalty payments, offering artists real-time transactions and transparency, transforming legacy music industry infrastructure.
Record Financial, in collaboration with 11am, is pioneering a transformation in the music industry by integrating real-time royalty payment infrastructure using Avalanche's blockchain technology. This innovative approach aims to address the long-standing inefficiencies in the music industry's financial ecosystem, according to Avax.network.
A System Overdue for Change
Traditionally, royalty payments in the music industry have been plagued by delays and a lack of transparency, often taking months to reach the artists and rights holders due to the involvement of multiple intermediaries. This outdated system has been a significant source of frustration for many artists. Record Financial seeks to overhaul this by utilizing Avalanche's blockchain, which allows for immediate and transparent payments using stablecoins like USDC.
The platform aggregates and standardizes royalty data, employing Avalanche's high-performance capabilities to facilitate instant payouts. This ensures that all stakeholders, from artists to managers, have access to real-time, verifiable financial data.
Why Avalanche?
Avalanche's robust blockchain infrastructure is pivotal to Record Financial's operations, offering the necessary performance and reliability for handling high-volume transactions globally. The integration of stablecoin rails, particularly USDC, provides artists with flexibility in managing their earnings, whether holding them in digital wallets, converting them to local currencies, or reinvesting in their careers.
Morgan Krupetsky, VP of Onchain Finance at Ava Labs, highlighted the transformative potential of blockchain in legacy industries, noting that the music royalties market exceeds $40 billion annually. By bringing this infrastructure onchain, Avalanche and Record Financial are setting a new standard for efficiency and fairness in financial transactions within the creative sector.
The Future of Creative Finance
Record Financial's model is not limited to music alone. The framework could be applied to other creative industries like film and digital media, where complex ownership and slow manual processes are prevalent. By replacing these intermediaries with blockchain-based systems, Record Financial is paving the way for enhanced financial transparency and alignment of incentives across the creative economy.
This partnership with Avalanche reflects a broader trend of enterprises adopting blockchain technology to develop stablecoin-based payment networks and sophisticated financial products. As industries worldwide look to modernize their financial infrastructure, platforms like Record Financial are at the forefront of this digital transformation.
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