Capturing lost intellectual property revenues with blockchain

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Blockchain technology and nonfungible tokens are transforming the way that intellectual property is licensed and sold.
The transition to a more digitalized society based on an information economy has created intense pressure for companies to rethink their intellectual property (IP) management. Intangible assets can represent more than 80% of the value in a firm’s balance sheet, and intellectual property in the United States is now worth over $6 trillion in gross domestic product, according to the U.S. Department of Commerce.Well-managed and leveraged IP can provide a company with a strategic advantage over the competition — not only in terms of customer acquisition, but also with investors and potential employees. Yet these valuable assets present a unique set of challenges for organizations wanting to capture the full value of their IP as it scales and matures.A complicated webSecuring IP is a multifaceted task requirin

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Źródło: https://cointelegraph.com/news/capturing-lost-intellectual-property-revenues-with-blockchain

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