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. vii] NFTs are prone to “copyfraud” and other violations of the moral rights of the inventor. Image Sources : Gettyimages] One of the important issues in online is copyrights.

article thumbnail

Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

Since blockchain plays a pivotal role in the crypto market, several inventors have attempted to legally protect the various components of blockchain technology using patents. In the NFT space, a buyer is granted ownership over a copy of a digital artifact. Smart contracts are contracts that are used to regulate NFT transactions.