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2021-7-21 HTS-Intellectual Property on the Blockchain

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LES Webinar: Intellectual Property on the Blockchain

Blockchain technology is not just about Bitcoin – it is already being used for a variety of applications related to intellectual property law. Blockchains are distributed ledgers; with Bitcoin, that blockchain ledger tracks cryptocurrency transactions, but that same underlying technology can be used to track intellectual property rights instead. And blockchain technology allows you to program your money, which can allow for licensing transactions to occur automatically and with no intermediaries. Imagine writing a computer program that automatically transfers one-hundredth of a cent to the songwriter and one-hundredth of a cent to the singer for every second of a song that a user plays on a device, with no intermediary in between; many blockchain applications have already been built to do just that. In this webinar, Marta Belcher, general counsel at Protocol Labs and board chair of the Filecoin Foundation, will discuss the potential implications of blockchain technology for IP law.
 

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