Blockchain for Secure Intellectual Property Rights Management

Abstract

Blockchain technology is revolutionizing intellectual property rights (IPR) management by providing a decentralized, transparent, and immutable system that enhances security, efficiency, and trust. Traditional systems face challenges such as inefficiencies in registration, ownership verification, and enforcement, leading to disputes and unauthorized use of intellectual assets. Blockchain’s ability to create tamper-proof records, facilitate real-time tracking of digital assets, and automate licensing agreements through smart contracts presents a viable solution. This research examines the potential of blockchain to strengthen IPR protection in India, focusing on legal, technical, and regulatory frameworks. It analyzes existing Indian laws and explores the role of smart contracts in automated royalty payments, reducing disputes, and improving efficiency in digital content licensing. The research also investigates how blockchain can enhance transparency in creative and technological sectors by providing verifiable, timestamped ownership records. However, blockchain adoption faces challenges such as scalability issues, regulatory uncertainty, and the absence of a unified legal framework in India. The study concludes with recommendations for legal reforms, technological advancements, and policy measures to enable effective implementation of blockchain in IPR management.