12 Jan Intellectual Property in the Digital Era: The Role of Tokenization
The digital revolution has transformed how we manage, transfer, and monetize IP rights. Among the emerging trends is tokenizing these rights using blockchain technology, which opens new opportunities and challenges in the IP landscape. Moreover, with the rising influence of AI in various sectors, it is essential to open discussions about the need to interconnect different technologies in the digital economy.
This article explores the complex and intricate world of intellectual property rights in the digital era, analyzing how technological advancements reshape traditional notions of ownership, creativity, and distribution. We will examine the intricacy and potential of tokenizing intellectual property, from the basic understanding of what constitutes IP rights to the cutting-edge legal frameworks, such as those seen in Liechtenstein, which pave the way for innovative approaches to IP management. The exploration includes a critical analysis of the promises and obstacles of this technology, particularly in the context of trade secrets and other forms of IP, and the role blockchain technology could play in revolutionizing the field. We aim to provide a comprehensive understanding of how these technological strides could transform the IP domain, making it more accessible, transparent, and efficient in the fast-paced digital world.
Learn more about the Privacy Working Group here.
We invite you to explore this policy position by downloading it via the form below: