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The Budding Disruption Of Blockchain Technology Upon The Current Structure Of The Music Industry, Bradley Rauman Apr 2021

The Budding Disruption Of Blockchain Technology Upon The Current Structure Of The Music Industry, Bradley Rauman

Senior Theses

One of the most pertinent opportunities within the music industry, and many other industries as well, stems from the use of blockchain technology. Blockchain’s core technology, which enables smart contracts and non-fungible tokens (NFTs), could be used to restructure and decentralize the music industry to be in alignment with the best interests of artists - the individuals responsible for driving the success of this industry.

The current system is outmoded. It evinces a disparity in the level of information held by artists and intermediaries (i.e. labels, publishers, and streaming services) and this disparity enables intermediaries to deduct egregious fees that …


The Adoption Of Cryptocurrency Technology Into The Us Banking Infrastructure, Trevor Melito Apr 2020

The Adoption Of Cryptocurrency Technology Into The Us Banking Infrastructure, Trevor Melito

Senior Theses

This thesis examines the possibility of using Blockchain technology to permanently change the payment structure of the US banking system. First, I examine the current technology that dominates the banking sector. I introduce the most frequently used payments methods including Automatic Clearing House transfers and wire transfers, both domestically and internationally. In addition, I highlight the major players controlling these transactions. Under the current system, frictions between senders and receivers cause billions of dollars in losses each year.

Next, I examine Blockchain’s roots along with some similar cryptocurrency technology, namely Distributed Ledger Technology and Smart Contracts. The transparency, security, and …


Cryptocurrencies: Their Current Validity And Future As Currency And As A Part Of An Investment Strategy, Austin R. Johnson Oct 2018

Cryptocurrencies: Their Current Validity And Future As Currency And As A Part Of An Investment Strategy, Austin R. Johnson

Senior Theses

This paper examines the current and future prospects of cryptocurrencies with a focus on the most well-known and highest valued cryptocurrency, Bitcoin. Specifically, it will address how Bitcoin can be utilized as a currency and as part of an investment strategy and whether its utilization makes financial sense now and will in the future. The paper showcases the past behavior of Bitcoin, how the Bitcoin system functions, how Bitcoin acts as a currency, how Bitcoin can be used as an investment asset, and why it will continue to be employed as such in the future. This paper will show that …