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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.
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Global shift from tangible to intangible assets - 90% of S&P 500 company value is now in intellectual property (IP) as of 2020
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Traditional IP protection methods (patents, trademarks) face significant friction:
- 14+ month waiting periods
- $20,000+ costs per patent
- Complex legal processes
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Blockchain enables new IP protection approaches:
- Immediate timestamp protection
- Immutable proof of creation
- Global visibility
- Lower costs (~$97)
- Smart contract functionality
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EasyIP.app platform features:
- Digital asset creation from ideas
- Hidden/visible protection options
- Multiple file type support
- Trade secret management
- Prior art establishment
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IP protection strategies:
- Name and describe IP assets clearly
- Create “fences” around intellectual property
- Protect before promoting
- Consider multiple protection layers
- Organize IP systematically
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Business value implications:
- Protected IP increases company valuation
- Enables 18 revenue streams
- Facilitates business sales/transfers
- Provides legal defensibility
- Supports global IP management
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Digital transformation of IP:
- Smart contracts replacing wet signatures
- Decentralized verification
- Cross-border protection
- Reduced friction in IP management
- Enhanced collaborative possibilities