Copyright: partnership between Rehegoo Music Group and Consulcesi. The blockchain becomes the new copyright frontier.

13.Jun.2018Press release

LAUNCHED THE NEW “ICO MUSIC”: THE TECHNOLOGY AT THE SIDE OF THE ARTISTS

A new musical Initial Coin Offering is starting to support emerging artists, thanks to the joint venture signed by Rehegoo Music Group and the Quincy Jones Production, owned by the famous American producer Quincy Jones

The Blockchain is the new avant-garde for the protection of copyright: when the work is registered in the chain of blocks, the whole process allows you to verify and collect its rights. You can do it automatically, in a completely reliable and transparent way

The Blockchain to protect the copyright. The innovative technology becomes a new tool to protect the copyright thanks to the partnership, just signed, between Rehegoo Music Group and Consulcesi Group, in particular with the Consulcesi Tech division, which will develop through a revolutionary Ico in the music field. Rehegoo Music Group was defined by Alan B. Krueger, economist, professor at the Princeton University and former head of Obama’s council of economic advisors, a “case study”. Consulcesi Tech is an international multi-company with a consolidated expertise about big-data, cyber-security and technological applications related to the Blockchain. These are the main topics of the book entitled “Cripto-Svelate”, written by Andrea and Massimo Tortorella, that will be presented on June 26 at the Link Campus University in Rome.

By registering your work in the Blockchain, the whole process that allows to verify and collect the rights can be done automatically, in a completely reliable and transparent way. This mechanism represents a real Copernican revolution, especially in Italy, where it took more than 70 years of uncontested monopoly in the sector of copyright by the Siae (the Italian law that regulates the field dates back to 1941). In 2014, the Barnier European directive forced the Italian government to update, partially, the legislation of the sector, in the 2018 Fiscal Decree.

“The main goal of Rehegoo Music Group is to allow all artists to be heard – explains Marco Rinaldo, founder of Rehegoo Music Group – because the current situation is overtaken and it cannot meet the changed needs in a more and more multimedia context. Today our challenge is to be different in the management and protection of copyright, and to pay particular attention to emerging artists, the most penalized by the vertical management of their works».

«For our Group this is a strategic investment – says Massimo Tortorella, President of Consulcesi – and it follows what we are doing in the field of technological avant-garde with our hi-tech company Consulcesi Tech. By providing our strong expertise in the headquarter of Tirana, a real incubator of ideas – he concludes -, we are sure we can be alternative and competitive compared to the traditional collecting companies thanks to the added value of the Blockchain».

Rehegoo Music Group and Consulcesi have signed a joint venture with the famous American producer Quincy Jones to launch the so-called new “bedroom artists”. They will have additional tools to distribute their music worldwide thanks to a revolutionary ICO (Initial Coin Offering) anticipated by Marco Rinaldo in the book entitled “Cripto-Svelate”, written by Massimo Tortorella and Andrea Tortorella, Consulcesi’s CEO. The essay – with the introduction of Edward Luttwak – unveils the “secrets” of a technology destined to change the world: from regulated funds for copyright and electronic voting to the administrative transparency and possible revolutions into the international economic, financial and bureaucratic processes.

Press Office Consulcesi Tech

press@consulcesi.tech