Colu, a platform using Bitcoin blockchain technology, today announced that it has beta launched its platform for developers. Individual developers and companies are now welcome to build on the Colu platform. In addition, Colu has announced Revelator as its first partner. Revelator is a cloud-based provider of sales and marketing intelligence for independent music businesses.
Colu has developed a platform based on Bitcoin blockchain technology, which for the first time can be used by developers and consumers with little to no bitcoin knowledge to build and exchange digital assets for everything from financial industry (shares, bonds, stocks), records (certificates, copyrights, documentation) to ownership (event tickets, vouchers, gift cards etc.). With the beta launch of the platform, individual developers and enterprises are now welcome to develop relevant digital assets and services according to their own and broader customer needs at Colu.co.
Colu is working with music-tech industry leader, Revelator, to build a Rights Management API. Today, there remains a complicated chain of rights ownership and usage in the digital distribution of music. This API will provide the secure issuance and distribution of digital assets including listing and registration of musical works for its clients and helping collecting societies