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Distributed Creativity- How Blockchain Technology.pdf
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Distributed Creativity_ How Blockchain Technology will Transform the Creative Economy.pdf
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Distributed Creativity
How Blockchain
Technology will Transform
the Creative Economy
M
a
r
cus
O’
D
a
i
r
“This is an accessible and highly enlightening introduction to the blockchain
phenomenon. It reveals why we need to understand blockchain, not just as tech-
nology, but as agent of economic and social change, and as a potentially radi-
cal transformer of the business of creativity and culture. As an account of the
opportunities—and possible costs—of blockchain technology, this lucid and
well-researched book offers a terric primer for those keen to learn more about
the emergent ‘internet of value’ and its effects on music, media and cultural
industries production.”
—Mark Banks, Director, CAMEo Research Institute for Cultural and Media
Economies, University of Leicester, UK
“Blockchain is undoubtedly one of the most important emerging technol-
ogy trends within the creative industries as it allows for new means by which
to create, charge for and distribute pieces of work that have traditionally been
controlled by large structures. This book covers these topics in a well-thought
out manner by an author with both depth and breadth of knowledge. Marcus’
insight into these areas is well worth reading and re-reading.”
—Cathy Mulligan, Visiting Researcher, Centre for Cryptocurrency Research and
Engineering, Imperial College London, UK
“Whether you’re an A-list musician or an Instagram photo hobbyist, O’Dair’s
concise yet comprehensive survey of blockchain technology’s opportunities and
challenges will prepare you for a new economic model that could redene how
we value, exchange and produce creative works.”
—Michael Casey, co-author of The Truth Machine: The Blockchain and the
Future of Everything and Senior Advisor to the MIT Media Lab’s Digital
Currency Initiative
“The great strength of Marcus O’Dair’s Distributed Creativity is that it takes the
reader beyond the usual ‘blockchain as a nancial technology phenomenon’ into
the interesting and important domain of the creative industries. Helpfully, its
focus is on analysis and implications and not the technology, elucidating oppor-
tunities and benets, barriers to and risks of adoption as well as providing a set of
insightful policy recommendations. Sober, lucid and engaging, this monograph
Distributed Creativity
deserves to become an important resource for readers concerned either with the
creative industries or blockchain technology itself.”
—Richard Adams, Reader in Entrepreneurship, Bettany Centre for
Entrepreneurship, Craneld University, UK
“O’Dair’s book is a timely and important intervention considering the possibil-
ities of blockchain for the creative industries. Tight and compact, and drawing
upon interviews with key stakeholders, it provides a useful critical overview of
underpinning technology whilst developing innovative theoretical takes and out-
lining policy recommendations. Importantly, the legal grey area of this most dis-
ruptive of technologies, and its challenges to the ‘barbed wire’ of copyright law
is tackled, and O’Dair makes a convincing argument, echoing Gil Scott Heron,
that the revolution will be distributed.”
—Guy Osborn, Professor of Law, University of Westminster, UK
“This is an exciting and provocative look at a technology-enabled future for the
creative industries. Blockchain has disrupted the nancial services sector signif-
icantly; O’Dair charts in well-thought-through detail the way that the creative
industries too might experience a new democratising and disruptive wave of
innovation.”
—Jeremy Silver, CEO, Digital Catapult
“In this important book, Marcus O’Dair leads the way in dening what block-
chain and distributed ledger technologies will mean for the creative sector.
Beyond the hype, a huge transformation is occurring in the way we operate busi-
nesses of all kinds and in how we capture and share value in an online world.
Marcus’s work is a thoughtful, well-researched and balanced assessment of the
notion of ‘distributed creativity’ and its implications for policymakers as well as
for one of Britain’s most important economic sectors.”
—Helen Disney, Co-Chair, Committee for Public Good, Policy and Governance,
British Blockchain Association
“With this book Marcus brilliantly describes the opportunities for creative com-
munities and industries to benet through using blockchain based technology.
Cutting through the blockchain hype he draws his conclusions from a series of
in depth interviews with creative start-ups employing blockchain to solve issues
such as IPR and faster royalty payments. But Marcus also identies the barriers
that need to be overcome, and concludes with wide-ranging recommendations
that will allow the full benets to be realised.”
—Phil Godsiff, Senior Research Fellow, Surrey Centre for the Digital Economy,
Surrey Business School, University of Surrey, UK
Marcus O’Dair
Distributed Creativity
How Blockchain Technology will Transform
the Creative Economy
Marcus O’Dair
Faculty of Arts and Creative Industries
Middlesex University
London, UK
ISBN 978-3-030-00189-6 ISBN 978-3-030-00190-2 (eBook)
https://doi.org/10.1007/978-3-030-00190-2
Library of Congress Control Number: 2018953689
© The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer
Nature Switzerland AG 2019
This work is subject to copyright. All rights are solely and exclusively licensed by the
Publisher, whether the whole or part of the material is concerned, specically the rights
of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction
on microlms or in any other physical way, and transmission or information storage and
retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology
now known or hereafter developed.
The use of general descriptive names, registered names, trademarks, service marks, etc. in this
publication does not imply, even in the absence of a specic statement, that such names are
exempt from the relevant protective laws and regulations and therefore free for general use.
The publisher, the authors and the editors are safe to assume that the advice and
information in this book are believed to be true and accurate at the date of publication.
Neither the publisher nor the authors or the editors give a warranty, express or implied,
with respect to the material contained herein or for any errors or omissions that may have
been made. The publisher remains neutral with regard to jurisdictional claims in published
maps and institutional afliations.
Cover illustration: © Melisa Hasan
This Palgrave Macmillan imprint is published by the registered company Springer Nature
Switzerland AG
The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
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