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Cryptocurrencies are significantly relevant in several IP-intensive industries such as music, pharmaceutical, automotive, and luxury goods. Moreover, in 2012, the USPTO received several patent applications that contained the terms “cryptocurrency” and “blockchain”. However, this can be prevented with stringent IP laws in place.
Following the 2012 revision to the copyrights Act, it was made clear that Internet activities were also covered by the copyright law. IP owners must plan and safeguard their unique creation from any prospective infringements because NFTs have a distinguishing trait. [ii] x] Person & Kelley S. Gordon Gregory J.
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