Peer-to-peer marketplace for buying and selling crypto.
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The first members of DDEX realised that the legal digital music industry needed to adopt standards related to the way it communicated information about works, tracks and products (including ownership and sales information). Known as metadata, this information needed to be communicated in a common format and then delivered between companies in a common way so that each party receiving the metadata could understand it.
Therefore, to support the automated exchange of information along the digital music value chain, DDEX standardised the formats in which information is represented in messages and the method by which the messages are exchanged between business partners. These standards are developed and made available for free for industry-wide implementation. You do not need to be a member of DDEX to implement any of its standards.
DDEX standards help all players in the digital music value chain to more effectively communicate information along that value chain. This leads to efficient business transactions, reduced costs and increased revenues for all sectors involved. DDEX is now the de facto standard for the formatting and delivery of metadata relating to the digital music value chain and its standards are implemented right across the globe.
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