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The Tribler lab at the Delft University of Technology has released a new Android app showcasing how the music industry can be revolutionized. With BitTorrent, a blockchain, and cryptocurrency, music streaming no longer needs any middlemen. We fixed the predatory intermediary problem by showing that music industry overhead can be 0%, project leader Johan Pouwelse says.
There is no denying that file-sharing has in large part helped reshape the music industry into what it is today.
The iTunes music store was embraced by the music industry as a weapon in the war against piracy, and the same is true for the streaming services that surfaced later on.