A Decentralized Framework for Patents and Intellectual Property as NFT in Blockchain Networks
Content type tag (summary, discussion)
Blockchain and Intellectual Property
NFTs, Intellectual Property, Blockchain, Patents, Trademark.
Description of why this would be an interesting post
There are few studies regarding the application of NFTs for certification of corporate assets and Intellectual Property. With the advent of various NFT standards in blockchain systems, Intellectual Property protection applications can easily be filed, licensed and transferred in an open market without even the need to meet in-person.
The paper accesses various NFT token asset standards, use cases and application layers for intellectual property protection.
Summarizing this research paper for SCRF would be a step towards the promotion of developing NFT use case in certification of intellectual property right for easy transferability, tracing infringement and a global market for IP licensing/transfer.