Blockchain company Colu launches platform to simplify music copyright management with Revelator

Colu, a blockchain-based company, has announced the launch of its beta platform and a partnership with Revelator, a cloud-based information provider that provides sales and market intelligence to independent music companies.

Colu has built a platform based on the Bitcoin blockchain that enables developers and consumers who do not understand Bitcoin建立和交换资产through the platform, from financial assets (stocks, bonds, shares) to records (certificates, copyrights, documents) to ownership (event tickets, vouchers, gift cards). With the launch of the beta version of the platform, individual developers and enterprises can develop related digital assets and services on colu.co according to their own and their customers' wide-ranging needs.

Colu is building an ownership management API with Revelator, a leader in the music technology industry.

Today, there is still a complex chain of ownership and usage rights in the digital distribution of music. This API will provide a secure channel for the issuance and distribution of digital assets, including the listing and registration of music works, and will be able to collect and provide greater transparency and efficiency for all market participants.

Bruno Quez, Founder and CEO of Revelator, said: “We are very excited about the potential that the Colu platform has to simplify music rights management. Colu is able to integrate a complex technology like blockchain into a platform like ours, and we look forward to exploring all the ways it can enhance our service to our customers.”

DA Wallach, who wrote the article “Bitcoin for Rock Stars” that popularized the concept of a “音乐版权所有权去中心化存储库,” also expressed his appreciation for the collaboration between Colu and Revelator. He said, “It has always been difficult for artists to understand where their income comes from, so I am happy to see such a capable enterprise addressing the lack of transparency in the music industry. The collaboration between Colu and Revelator is likely to set a standard for the development of the music industry.”

Blockchain technology has become increasingly mature in maintaining the ownership of various consumer assets and the distribution of these assets. The investment in blockchain startups has exceeded hundreds of millions of dollars, which shows the potential of blockchain technology. Colu completed a $2.5 million seed round of financing in January this year, with investors Aleph & Spark Capital. Since then, Colu has been engaged in the creation of developer platforms and the development of consumer mobile applications.

Taking this opportunity, Babbitt Information conducted a brief interview with Colu CEO Amos Meiri to answer some questions about this startup company.

8btc=8btc Information Colu CEO Amos Meiri=Amos Meiri

8btc: When was the company founded? Are there any landmark moments from its establishment to now?

Amos Meiri: I have been working at eToro for 3 years, and I have been working on the彩色币project. During this time, I wanted to focus more on coloredcoins.org because I think this project is very valuable. Later, I joined forces with David (David Ring), who I met at eToro, and Mark (Mark Smargon) also joined us. Mark has a lot of experience and expertise in product management. That's how we founded Colu together last fall. In January of this year, Colu raised $2.5 million in seed funding from Aleph VC and Spark Capital. The Colu team currently has 13 members, most of whom have experience with the Bitcoin blockchain before joining Colu. Now, we are launching the first public beta platform, you can experience it here:
Colu Engine — Infrastructure for developers to issue and manage digital assets.
SDK & API — An easy-to-integrate platform for various use cases, automatically handling all Bitcoin-related issues on the backend.
Colu Pack - A mobile app to send, receive and manage your digital assets in one go. (Applicable to both iOS and Android)
Rapid Asset Issuance - Allows anyone to easily issue their own digital assets in a simple user-friendly way.

8btc: Do you have any memorable stories you can share when starting a business in the blockchain field?

Amos Meiri: Although we have just launched our first product, I can say that all you hear about these days is the Bitcoin blockchain. We keep hearing about use cases where people can customize their applications using blockchain technology. Therefore, we are very happy to join the ranks of developers and provide developers with an easy way to get started with blockchain without having to deal with all the complexities of this technology.

8btc: Why is Colu based on Bitcoin 2.0?

Amos Meiri: Bitcoin 2.0 refers to applications based on Bitcoin区块链technology. Colu is built on Bitcoin blockchain technology, so Colu is also a Bitcoin 2.0 company.

8btc: What are the advantages and highlights of Colu?

Amos Meiri: Our main advantages compared to other competitors are:
A platform for企业- Colu is committed to providing user-friendly solutions for developers and institutions who want the entire Bitcoin blockchain technology; Colu is able to provide a set of integration tools that adapt to all levels, from the protocol layer to the complete移动解决方案(SDK); Access to blockchain technology - end users are very convenient and simple when using the Colu platform; coloredcoins.org's全开源platform; By adding智能合约, your assets can not only be digital but also intelligent.

8btc: Why did you choose Relevator as your primary partner?

Amos Meiri: Because Relevator is a leading company in the music technology industry, with rich industry background and experience. In addition, they have a broad user base, and I am very optimistic about their business development. The Colu team has been working closely with many companies to develop Bitcoin blockchain technology applications, which will eventually be presented in a user-friendly way. We are very happy to promote this test, starting with a music and entertainment industry.

8btc: What are your next development plans?

Amos Meiri: Colu's goal is to continue to maintain and develop tools and products to allow developers and enterprises to experience a more convenient and simple way to integrate blockchain technology than ever before. Due to the agnostic nature of Bitcoin blockchain technology, we also plan to build platforms on其它区块链.
In the near future we will release more integrated applications, namely: finance, records and ownership.