Intellectual Property Rights Management with Blockchain

[hamadanwar]

You’re probably aware of how easy it is for your content to be stolen online if you write, design, or create any media that is protected by Intellectual Property (IP) legislation. As if chasing down criminals wasn’t difficult enough, defending your legal rights as the owner of the content requires proving your ownership. While copyright and intellectual property rights management law protects your work, there hasn’t been a centralized procedure for proving ownership until now. However, thanks to blockchain solutions development, this is changing.

The system that allows bitcoins to function is known as the blockchain. But, more crucially, it provides creative people with more effective means to defend their intellectual property rights than ever before.

[Dora Wi]

Blockchain technology certainly has many potential use cases even outside of the creation of cryptocurrencies. I believe it will play a big role in all kinds of data storage and protection in the future.