Lightstreams brings in music industry heavyweight

“We’re delighted to bring Happy Walters onboard as an advisor as we really start to ramp up our use of blockchain technology in transforming the music industry. With a wealth of experience and a deep understanding of how the industry operates, Happy will be a key source of strategic information as our involvement in the industry expands,” says Michael Smolenski, CEO and Founder of Lightstreams.

“The music industry as a whole will be totally revolutionised by blockchain over the next few years and that is why I’m so pleased to be involved in how Lightstreams pushes this vision forward. It’s clear that the protocol’s unique focus on speed and privacy when sharing content on blockchain networks is perfectly suited to the music industry,” Walters comments.

Lightstreams’ blockchain network features a new permissioned block protocol that employs smart contracts to grant, block or revoke access to content for specific users. It is currently undertaking a private round which will be closing soon. The next stage in the project’s ICO fundraising is a pre-sale round followed by a public sale of token before network launch in Q3 2018.