Remove 2012 Remove Copyfraud Remove Copyright Infringement Remove Ownership
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A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

Due to the recurrent copyright difficulties, which have a significant impact on an individual’s business interest, it is imperative to preserve the ownership rights of digital works. One such area where copyright violations are common is the internet. iii] NFTs are limited to having a single owner.

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Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

Moreover, in 2012, the USPTO received several patent applications that contained the terms “cryptocurrency” and “blockchain”. The copyrights that subsist on an NFT are also governed with the help of a smart contract. In the NFT space, a buyer is granted ownership over a copy of a digital artifact.