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- 저자 : ( Dr. Ruchi Anand ) (검색결과 1 건)
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Distributed Ledger Technologies in the realm of Intellectual Property Rights: Panacea or Puzzle?
( Namrata Bhowmik ),( Naman Anand ),( Dr. Ruchi Anand ) 고려대학교 법학연구원 2021 The Asian Business Lawyer Vol.28 No.-
The 21st century has now increasingly become an age of industrial innovations and technological breakthroughs, resulting in a paradigmatic transition in how entitlements and statutory rules of socio-economic phenomena are treated, as evidenced by the extensive use of digital technology. Blockchain technology and other digital technologies have established a new pattern of human life, upending existing hierarchical institutions and establishing new tangible boundaries. As a result of intellectual operations, the rise of computerized progression and Blockchain exchanges necessitates critical data gathering and investigation. This result is even more true regarding the character traits of changing autonomy and rights and responsibilities of such concerned parties, influencing their interest in the arrangement, thus raising the value of intellectual components and energizing the development of qualities. With numerous governments and enterprises studying their future results and new Blockchain use cases emerging regularly, Blockchain technology and associated distributed record developments have become fascinating lately. Strikingly, DLT, which is widely renowned for its ability to establish chains of secure, immutable, and timebound information, is gradually being utilized for certain Intellectual Property (IP) operations such as brand enforcement, protection, and marketing technology. This technological advancement is one to have quickly gained traction outside the fintech realm. It is proving to be a boon in IP-sectors where counterfeiting of products and problems with traceability is a real head-scratcher, especially in the pharmaceutical and the automobile sector, not to forget several fashion sectors such as luxury brand “inspirations.” What makes this technology appealing is the vast variety of procedures it covers - whether it is data security or confidential transaction details - while also addressing other difficulties such as scalability. Regardless of the potential hurdles associated that such a technological advancement might have with legal applications, in the context of IP-intensive sectors, distributed ledger technologies such as Blockchain and the like provide significant opportunities for meaningful protection of IP, certification, and documentation, whether at the stage of registration or in a Court of Law. Nevertheless, the need of the hour still remains to comprehensively analyse the pros and cons of this new technological development and to analyze its viability as an accepted mode of carrying out legal procedures, specifically in the field of IP. The question stands as “How does such a highly evolving technological development cater to a sector that deals with a rainbow of elements, mostly creative and abstract in nature?”
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