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Burst coin crypto | This article considers issues from the perspective of English law and nothing in this article constitutes legal advice. In order to establish and maintain trademark rights in the EU and the UK after registration, it may become important for a right holder to demonstrate genuine use over a particular period. Things can go badly wrong when IP is not properly managed. It is now widely recognized that the accelerated pace of innovation is often incompatible with the slow processes of IP filing and prosecution. What are the basics of blockchain technology and what is its potential to enhance the registration process for trademarks and designs, as well as to provide evidence of use? The ability to insert a cryptographic fingerprint of any digital object into a blockchain transaction turns this decentralized ledger of transactions into the perfect registry for certifying IP assets. |