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Tuesday, March 2, 2021

Xbox will now use blockchain for gaming rights and royalties

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Microsoft and the professional services network Ernst & Young (EY) have announced that they have expanded the Xbox Enterprise Blockchain Platform to provide a financial system of record for gaming rights and royalties management.

The blockchain-based system will be used by the software giant to enable its Xbox gaming partners and network of artists, musicians, writers and other video game content creators to gain increased visibility into the tracking, management and payment processing for royalty contracts.

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