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. Continue reading “Blockchain and Copyright Protection” »