Intellectual property management [Report]

Abstract

At a time when digital innovation is at the forefront of policy discussions, the management and protection of intellectual property (IP) has become a critical challenge for creators, businesses, and legal entities alike. This report by the EU Blockchain Observatory and Forum looks at the transformative potential of blockchain technology in revolutionising IP management.

However, the integration of blockchain into IP management faces challenges. In this report, we identify and present key hurdles, such as the need for comprehensive legal frameworks that recognise and enforce blockchain transactions, the standardisation of different blockchain platforms to ensure interoperability, and the technical scalability required for widespread adoption.

Despite these challenges, the report is optimistic about the future of blockchain in IP management. It calls for a collaborative approach between policymakers, technologists, IP owners, and IP users to create an environment conducive to innovation while protecting creators’ rights. The development of supportive regulatory frameworks, together with advances in blockchain technology will be crucial to realising the full potential of blockchain for the management of intellectual property.