Customers: Studio Union Moscow; Media, TV and broadcasting Contractors: The national coordination center of transaction processing with the rights and intellectual property items Product: IPChain IPEXНа базе: Projects based on blockchain technology Project date: 2020/04 - 2020/09
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2020: The digital transaction on assignment of rights on musical composition
On September 14, 2020 it became known that FONMIX carried out the Russia's first digital transaction on assignment of rights on a track through the IPEX platform.
As it was explained, within the closed presentation of the exchange of intellectual property of IPEX the first digital transaction on assignment of rights on musical composition took place. In ten minutes the CEO of Soyuz studio Alexander Bochkov agreed on conditions and signed the license agreement with music service FONMIX on use in the marketing purposes of a track of this summer "For kicks" of Oleg Kenzov, having at once received payment under the agreement. Read more here.