Bitcoin Jukebox Exchanges Micropayments For Songs
Music lovers can vote to adjust the musical line up at bars and other partying venues.
Remember those times when jukeboxes were popular, and were found at every bar and restaurant? Well, they are making a comeback in a digitized form. A team of hackers competing at the Disrupt Europe Hackathon turned Bitcoin- a peer-to-peer technology that facilitates payment transactions – into a modern-day music playing device.
By installing the related app on a mobile device plugged into a stereo, users can change the music queue by up-voting their favorite songs – the lineup is made visible to everyone at the venue. The top song picks are also displayed. This Bitcoin hack is a great way for bar owners to let customers create their own song list. Payment options – 0.0001 Bitcoins – are linked to QR codes so people can share music easier.