The creative industry could undergo a significant transformation through the utilization of blockchain technology, which offers artists and creators a decentralized platform to securely exchange and monetize their creations. With blockchain, artists can safeguard their intellectual property rights, guarantee fair compensation for their work, and establish transparent and unalterable records of ownership and usage. Moreover, blockchain has the potential to facilitate novel business models like art crowdfunding and tokenization, while reducing dependence on intermediaries and improving efficiency in the industry.
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