The Future of Intellectual Property: Leveraging Blockchain for Protection

Discover how blockchain technology is revolutionizing intellectual property protection with lower costs, instant timestamps, and smart contracts. Learn strategies for IP management.

Key takeaways
  • Global shift from tangible to intangible assets - 90% of S&P 500 company value is now in intellectual property (IP) as of 2020

  • Traditional IP protection methods (patents, trademarks) face significant friction:

    • 14+ month waiting periods
    • $20,000+ costs per patent
    • Complex legal processes
  • Blockchain enables new IP protection approaches:

    • Immediate timestamp protection
    • Immutable proof of creation
    • Global visibility
    • Lower costs (~$97)
    • Smart contract functionality
  • EasyIP.app platform features:

    • Digital asset creation from ideas
    • Hidden/visible protection options
    • Multiple file type support
    • Trade secret management
    • Prior art establishment
  • IP protection strategies:

    • Name and describe IP assets clearly
    • Create “fences” around intellectual property
    • Protect before promoting
    • Consider multiple protection layers
    • Organize IP systematically
  • Business value implications:

    • Protected IP increases company valuation
    • Enables 18 revenue streams
    • Facilitates business sales/transfers
    • Provides legal defensibility
    • Supports global IP management
  • Digital transformation of IP:

    • Smart contracts replacing wet signatures
    • Decentralized verification
    • Cross-border protection
    • Reduced friction in IP management
    • Enhanced collaborative possibilities