article thumbnail

Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

Copyright that subsists on a digital artifact is not transferred to the buyer upon purchase unless a specific clause that states otherwise is inserted. A smart contract may be used to transfer the copyrights that subsist on a digital artifact to the buyer. However, this can be prevented with stringent IP laws in place.

article thumbnail

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

IP and Legal Filings

Due to the recurrent copyright difficulties, which have a significant impact on an individual’s business interest, it is imperative to preserve the ownership rights of digital works. One such area where copyright violations are common is the internet.