NFTs in the African music industry | Music In Africa – Music In Africa

It begins with blockchain

Blockchain technology is being hailed as the next chapter of the Fourth Industrial Revolution. A blockchain is a public, decentralised, encrypted, networked ledger of permanent historical transactions. There are many forms that exist, including private or hybrid variations. Blockchains include IBM, Tron, Stellar, Tezos, Corda, Ethereum, Multichain, EOS, Hyperledger Fabric, OpenChain, Quorum, and Hyperledger Sawtooth.

To keep integrity and maintain the blockchain, ‘gas fees’ are charged as the incentive fuel of…