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Blockchain and
Intellectual Property
Presenter: Nelson M. Rosario, Attorney - Marshall, Gerstein & Borun LLP,
Adjunct Professor - IIT Chicago-Kent College of Law
Date: 3/30/2018
Location: Ice Miller, Computational Law + Blockchain Festival, Chicago Node
Two key takeaways for today:
2
Two key takeaways for today:
1) Intellectual property is not going to destroy
blockchain innovation
3
Two key takeaways for today:
1) Intellectual property is not going to destroy
blockchain innovation
1) Blockchain will change how we manage
intellectual property
4
I thought all this stuff was about
magic internet money?
5
Not all of it
6
What is Blockchain?
7
What is Blockchain?
● No industry standard definition
8
Useful shorthand definition of Blockchain
● A shared ledger containing transaction
information that is hard to alter
9
These shared ledgers can have some
interesting properties
10
These shared ledgers can have some
interesting properties
1) Produce unique digital property without a central
issuer: i.e. bitcoin
1) Change the way we manage trust
11
Before we talk about what we can do
because of these properties....
Let’s talk about patents….
12
Patents make some people anxious
13
14
We’re a long way from any patent wars
15
https://www.pcworld.com/article/2461940/apple-
samsung-agree-to-settle-patent-disputes-outside-us.html
US Patent Filings that we know of
16
Attorney’s Fees for Drafting Blockchain Patents
17
Time and money is being spent
18
19
I thought all of this was open source?
20
Let’s return to that….
Let’s talk about how Blockchain will
change how we manage intellectual
property….
21
These shared ledgers can have some
interesting properties
2) Change the way we manage trust
22
If we have a shared ledger that produces
unique digital property what can you do?
23
Unique digital property helps with:
1. Information provenance
2. Brand and content management
3. Smart IP
24
1. Information provenance
25
● Prove you own information stored on a
blockchain
○ Ownership and control
○ Think of registrations of IP
● Show first use of a product or brand
○ Think of trademarks
26
Ascribe
● Helping artists and others protect their creative work
● Uses blockchain technology
27
28
Everledger
● Tracks diamonds using blockchain technology
● Helps to cut down the trade of conflict diamonds
29
2. Brand and content management
● Supply chains are a source of fraud and counterfeits for brands
● Blockchain technology may provides visibility into supply chains
30
31
Notice the phone and QR code?
32
Scanners +
Internet of Things +
Blockchain =
Better supply chain outcomes
Stronger brands
33
3. Smart IP?
34
What if you didn’t have to negotiate
every IP license?
35
What if you could publicly state the terms
and automatically get paid for licenses?
36
Blockchain + Smart contracts +
IP information
=
Smart IP
37
Yes, but isn’t this all open source?
38
Yes, but….
We’ve seen this story before….
39
The early-Internet in 1971
40
http://www.policy.hu/inetclass/arpaNet.html
The Internet started with and runs on
open protocols....
Everything built after that….
41
Blockchain started with and runs on
open protocols….
42
Thank you!
Nelson M. Rosario | Associate - Marshall, Gerstein & Borun LLP |
Adjunct Professor - IIT Chicago-Kent College of Law
Firm: nrosario@marshallip.com
Twitter: @NelsonMRosario
Blog: www.lawofcryptocurrency.com | nelson@lawofcryptocurrency.com
Personal: www.nelsonmrosario.com
43

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Blockchain and intellectual property v1