Author Login IJIRT Partner Network (IPN) Login

Blockchain Technologies and Intellectual Property Rights: Implications for Entrepreneurs

  • Unique Paper ID: 181849
  • Volume: 12
  • Issue: 2
  • PageNo: 1-8
  • Abstract:
  • Blockchain is a decentralized, distributed ledger technology that securely records transactions across a network of computers. Intellectual Property Rights are legal protections granted to creators for their inventions, literary and artistic works, and symbols or designs. Blockchain technology is increasingly seen as a transformative tool in the field of intellectual property (IP) rights management. This paper provides a comprehensive analysis of how blockchain’s features– decentralization, immutability, transparency, and smart contract automation– can enhance or complicate the registration, protection, enforcement, and monetization of IP on a global scale. We survey the current literature and industry developments, finding that blockchain can streamline IP registries, provide tamper-proof proof-of-creation, facilitate licensing through smart contracts, and help combat counterfeiting and piracy. At the same time, entrepreneurs looking to leverage blockchain for IP face significant challenges, including legal and regulatory uncertainty across jurisdictions, technical limitations of blockchain networks, and the need for widespread adoption and standards. We discuss the implications for startups and innovators, who can benefit from more efficient IP management and new monetization models but must navigate the risks of an evolving regulatory landscape. We conclude that while blockchain holds great promise for IP rights management and innovation, realizing its full potential will require addressing interoperability, governance, and legal issues through coordinated efforts and supportive frameworks worldwide.
Download article email to a friend

Cite This Article

  • ISSN: 2349-6002
  • Volume: 12
  • Issue: 2
  • PageNo: 1-8

Blockchain Technologies and Intellectual Property Rights: Implications for Entrepreneurs

Related Articles

Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Archive

View More

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry