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Could cryptocurrencies and blockchain technology potentially revolutionize the music industry by enabling Spotify to pay artists directly? In the current landscape, artists often receive a fraction of the revenue generated by streaming platforms, due to complex royalty systems and multiple middlemen. Could blockchain's decentralized and transparent nature streamline this process, ensuring artists receive a fairer share of the profits? Additionally, would this approach increase transparency, allowing artists to track their earnings more accurately? Or are there potential challenges, such as volatility in <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> values, that could hinder widespread adoption?
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