# Why Artists Lose Billions; And How Blockchain Changes Everything Page: https://stenobird.com/podcast/soundbreaker-6717784/why-artists-lose-billions-and-how-blockchain-changes-everything Text version: https://stenobird.com/podcast/soundbreaker-6717784/why-artists-lose-billions-and-how-blockchain-changes-everything.md Podcast: [SoundBreaker](https://stenobird.com/podcast/soundbreaker-6717784) Published: 2026-05-01T22:34:40+00:00 Episode link: https://share.transistor.fm/s/f2f73939 Audio file: https://media.transistor.fm/f2f73939/fe1ab22f.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/soundbreaker-6717784/episodes/why-artists-lose-billions-and-how-blockchain-changes-everything Duration seconds: 2311 ## Resource In this episode of SoundBreaker, we meet JC Barat, co-founder of Allfeat, a blockchain infrastructure designed specifically for the music industry. Drawing from a background in wealth management and HR, JC explains how a personal encounter with his daughter’s musical journey exposed a deeper structural issue: the global music rights system is fundamentally broken. Today, more than $2.5 billion in royalties go unpaid every year — not because the money doesn’t exist, but because rights data is fragmented across disconnected systems. Six separate identifiers (IPI, ISNI, ISRC, ISWC, UPC/EAN, and more) live in isolated databases that do not communicate, making it nearly impossible to reliably connect creators to their earnings. JC walks us through how this fragmentation creates “black box” revenue losses, especially when compositions and recordings are not properly linked. He explains how even one missing connection can permanently erase royalty flows for artists. Allfeat proposes a new foundation for music rights: an open-source, blockchain-based certification layer governed by a Swiss non-profit. Through the Allfeat Timestamp Service, creators can instantly register proof of authorship, while the MIDDS (Music Industry Decentralized Data Structure) connects rights metadata across the entire lifecycle of a work. The conversation also explores three major revenue breakthroughs enabled by this infrastructure: Sync licensing , where verified rights drastically reduce clearance friction AI training rights , where artists can define usage consent at the protocol level Licensing automation , where machine-readable rights replace static contracts Ultimately, this episode raises a bigger question: will blockchain redistribute power in the music industry — or simply reinforce existi… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/soundbreaker-6717784/episodes/why-artists-lose-billions-and-how-blockchain-changes-everything/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/soundbreaker-6717784/why-artists-lose-billions-and-how-blockchain-changes-everything.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.