article thumbnail

A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

In today’s digital world, a lot of data and information have been shared online and are susceptible to corruption and copying. iv] Through a structured verification procedure that adds a new block, verifies the information, and then adds the data to the blockchain, this system ensures authenticity.

article thumbnail

Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

In a broad sense, blockchain technology can be defined as an open ledger of information that is used to keep a digital record of the transactions that occur in the crypto market. In the NFT space, a buyer is granted ownership over a copy of a digital artifact. NFTs may be represented in the form of memes, artworks, or videos.