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Intellectual Property Digitization

Definition

Intellectual property digitization involves converting intangible assets, such as copyrights, patents, and trademarks, into digital representations, often leveraging blockchain technology for secure record-keeping and verifiable ownership. This process enables the creation of immutable digital certificates of ownership and simplifies the tracking of intellectual property usage and licensing. By transforming IP into digital tokens, it enhances manageability, transferability, and protection against infringement. This approach offers improved transparency and control over creative works.