Blockchain secures intellectual properties?

Reviewing and compile blockchain industry topic, updating market references and research environment.

Today, we are picking up blockchain and intellectual property management.

A United States Customs and Border Protection (CBP) advisory committee is planning to launch a live test of its blockchain-based intellectual property rights proof of concept.

The subcommittee is now ongoing three proof-of-concept projects involving blockchain technology.“Intellectual Property Rights Proof of Concept” is one of that, running shipment, relying on pre-existing licensor and sublicensee relationships.

Intellectual property crime is going up as well as the rising commercial trades. The international trade in counterfeit products represents up to 2.5 % of world trade, or as much as EUR 338 billion, according to 2013 data. Put in perspective, this is the equivalent of Austria’s GDP, or the combined GDP of Ireland and the Czech Republic. Property infringement causes the loss of demand from customer, and bad signals with health market sustainability. Not only private sectors, but government is also, such as clothing counterfeiting in the EU costs business EUR 43.3 billion in lost sales, governments 8.1 billion in lost revenue and 518 281 people their jobs.

Alibaba, large Chinese E-commerce giant, filed the patent “Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems.” for United States Patent Office.

In the system, Alibaba proposes to use a computing system to generate a “unified blockchain domain name” (UBCDN) message which contains a blockchain domain name and a chain identifier that is paired with that name.

Three blockchain technology companies have joined a multi-industry consortium dedicated to protecting members against the threat of patent assertion entities (PAEs) — more commonly known as patent trolls.

LOT Network, formed by in 2014 by Google, software maker Red Hat and manufacturer Canon, preventing future issues as well as other business model prevention by formerly trolls.

LOT’s “immunization” works like a poison pill: When members join they sign a 10-page agreement which states that if their patents ever fall into the hands of a patent troll then the rest of the community members get an automatic and free license.

Intellectual property war is coming to blockchain market as well.

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CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

Blockchain Project Research Study

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Co-founder and CMO Collabogate, blockchain research and practical community

CollaboGate Research Blockchain and Technology Laboratory

CollaboGate is a global blockchain research group with protocols and industrial use cases, empowering decentralized projects to progress fast and innovative decisions at scale.

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