Dequency Executes First-Ever Music Synchronization License Smart Contract on the Algorand Blockchain

Dequency, a Web3 music synchronization license platform and Acme Innovation portfolio company, performed the impressive feat of being the first to execute a sync license on a public blockchain.

‍

The license for "Late Night People" by Goldfish ft. Soweto Kinch was issued via Dequency's SmartSync contract for use in Algorand's Decipher conference, which was held on November 29 - 30, 2021 in Miami, Florida.

‍

Speaking about the achievement, Keatly Haldeman (Dequency CEO) said, "Our vision for Dequency is to cut out the middle man in music licensing transactions so that creators maximize earned income and get paid immediately. By executing the first-ever on-chain sync license transaction, we're one step closer. We made history today."

‍

Read more: Dequency Executes First-Ever Music Synchronization License Smart Contract on the Algorand Blockchain (via Global Fintech Series)