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Blockchain and intellectual property v1

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#Blockchain and #intellectualproperty high level overview. Covers current landscape, but also where smart contracts may take #IP management, and change the way we value/use IP.

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Blockchain and intellectual property v1

  1. 1. 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
  2. 2. Two key takeaways for today: 2
  3. 3. Two key takeaways for today: 1) Intellectual property is not going to destroy blockchain innovation 3
  4. 4. 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
  5. 5. I thought all this stuff was about magic internet money? 5
  6. 6. Not all of it 6
  7. 7. What is Blockchain? 7
  8. 8. What is Blockchain? ● No industry standard definition 8
  9. 9. Useful shorthand definition of Blockchain ● A shared ledger containing transaction information that is hard to alter 9
  10. 10. These shared ledgers can have some interesting properties 10
  11. 11. 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
  12. 12. Before we talk about what we can do because of these properties.... Let’s talk about patents…. 12
  13. 13. Patents make some people anxious 13
  14. 14. 14
  15. 15. 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
  16. 16. US Patent Filings that we know of 16
  17. 17. Attorney’s Fees for Drafting Blockchain Patents 17
  18. 18. Time and money is being spent 18
  19. 19. 19
  20. 20. I thought all of this was open source? 20
  21. 21. Let’s return to that…. Let’s talk about how Blockchain will change how we manage intellectual property…. 21
  22. 22. These shared ledgers can have some interesting properties 2) Change the way we manage trust 22
  23. 23. If we have a shared ledger that produces unique digital property what can you do? 23
  24. 24. Unique digital property helps with: 1. Information provenance 2. Brand and content management 3. Smart IP 24
  25. 25. 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. 26. 26
  27. 27. Ascribe ● Helping artists and others protect their creative work ● Uses blockchain technology 27
  28. 28. 28
  29. 29. Everledger ● Tracks diamonds using blockchain technology ● Helps to cut down the trade of conflict diamonds 29
  30. 30. 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. 31. 31
  32. 32. Notice the phone and QR code? 32
  33. 33. Scanners + Internet of Things + Blockchain = Better supply chain outcomes Stronger brands 33
  34. 34. 3. Smart IP? 34
  35. 35. What if you didn’t have to negotiate every IP license? 35
  36. 36. What if you could publicly state the terms and automatically get paid for licenses? 36
  37. 37. Blockchain + Smart contracts + IP information = Smart IP 37
  38. 38. Yes, but isn’t this all open source? 38
  39. 39. Yes, but…. We’ve seen this story before…. 39
  40. 40. The early-Internet in 1971 40 http://www.policy.hu/inetclass/arpaNet.html
  41. 41. The Internet started with and runs on open protocols.... Everything built after that…. 41
  42. 42. Blockchain started with and runs on open protocols…. 42
  43. 43. 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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