Aleksandra Tulacz (L) and Nicole Galli (R) of ND Galli Law. Courtesy photos Blockchain and IP Law—A Match Made in Heaven?
In this article, we will explore the basics of blockchain and common uses of it such as cryptocurrency and NFTs, how these intangible assets can be protected by IP laws, and, perhaps most interesting, how blockchain is being used to enhance IP protection generally.
February 15, 2022 at 09:09 AM
9 minute read
Despite reading the occasional article (or headline), how much do any of us know about blockchain, cryptocurrency and their potential uses and implications? What exactly are nonfungible tokens or NFTs, which seem to be getting a lot of press? We too wondered about these questions. As an intellectual property (IP) lawyer and a law student who focuses on IP in law school, we were also specifically interested in examining the intersection between blockchain, or more specifically, cryptocurrency and NFTs, and IP. Thus, in this article, we will explore the basics of blockchain and common uses of it such as cryptocurrency and NFTs, how these intangible assets can be protected by IP laws, and, perhaps most interesting, how blockchain is being used to enhance IP protection generally.
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