Blockchain is quickly becoming the hot topic also for IP protection in China. Today’s blog post, which has been kindly shared with us by Nancy Leon from Ferrante Intellectual Property, will be focusing on how new technological solutions like blockchain can be used in China for copyright protection.
The recent IP summit hosted in Shenzhen included the Copyright summit.
Experts highlighted the importance of new technologies including blockchain, which will be widely used to protect Intellectual Property in China; this will improve efficiency and accuracy as well as lower costs.
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. In this way blockchain can secure the safety of the original work and prove an efficient and economical way to protect the intellectual property for large number of contents.
Xiamen Anne Corp is among China’s first groups that have applied blockchain technology into Copyright protection, which can verify the author’s creative work start date, grant authorization when the work is used and safeguard the rights when infringement is detected.
The Luohu district of Shenzhen has set a goal to build a National Copyright Trading Center in the near future, to become a national model for Copyrights.
This article first appeared on Ferrante Intellectual Property website here: http://www.ferrante.asia/en/details.html?58 and is reposted here with the kind permission of the author.
Author’s Name: Nancy Leon
Law Firm: Ferrante Intellectual Property
Short Bio of the Author
Marketing manager at Ferrante Intellectual Property with a passion for brand building and creating compelling content; I believe communication is the most powerful force available to humanity, and I choose to use it constructively. Previously, Internationally educated and trained attorney with over 10 years of solid experience practicing Trademark and Copyright law in the US and Mexico.
Ferrante Intellectual Property
FERRANTE Intellectual Property is an intellectual property firm with established offices in South-East Asia. The firm provides comprehensive legal services on all aspects of trademarks, designs, patents, copyright prosecution, litigation, anti-counterfeiting strategies, and domain names portfolio management.
Ferrante IP is considered a leading firm in China due to its high-profile clients, outstanding professionals, depth of expertise, market presence and quality of work. The firm has been awarded with “The 2017 Global Excellence Awards IP Law Firm of the Year- China”, by Worldwide Business Review and “The World’s Leading Trademark Professionals 2018” by WTR 1000 among others.