Microsoft and EY Join Forces to Build World’s Biggest Enterprise Network with Blockchain Content Rights Platform
In a partnership with ‘big four’ consulting firm EY, Microsoft launch a blockchain content rights platform to manage the licensing process, and potentially become the world’s biggest enterprise network. The intellectual property of content generates millions of transactions per month, aggregating to billions of dollars in royalties. With the launch of the blockchain royalties platform, Microsoft and EY aim to majorly transform the value chain, cutting out the ‘middlemen’ and reducing the payment period from 45 days to just one.
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