Based on Biji.com, Record Financial is leveraging the Avalanche blockchain to modernize music payments by enabling real-time royalty distribution. The platform standardizes royalty data and uses stablecoins to instantly pay artists, resolving long-standing delays in the traditional system. Record Financial’s CEO Travis Garrett emphasized that transparency and fast settlement can eliminate industry friction. Avalanche’s scalable infrastructure supports thousands of micro-payments across platforms and borders. The system aims to expand beyond music into film, TV, and gaming, where similar issues of slow payments and complex ownership exist.
Record Financial and Avalanche Enable Real-Time Royalty Payments for Music Industry
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