DME Journal of Management

Blockchain for Secure Intellectual Property Rights Management

Nandini Jain, Chandra Sharma — Mon, 03 Mar 2025 00:00:00 +0000

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.

GST and Consumer Welfare: Unpacking The GST Impact on Indian Consumers

Kanakshi Nema — Mon, 03 Mar 2025 00:00:00 +0000

Consumers are the backbone of any economy and bear the final cost of goods and services, including the taxes levied across the supply chain. Before the introduction of the Goods and Services Tax (GST) regime, various indirect taxes were levied at different stages of the supply chain, resulting in cascading taxes and inflating the final prices borne by consumers. The GST regime aims to streamline and simplify the indirect tax structure and reduce the burden on consumers. GST has subsumed multiple indirect taxes into a single framework, thereby offering various advantages such as reduced cascading effects, enhanced transparency, and improved efficiency in interstate commerce. It empowered consumers with a clearer understanding of the taxes levied on their purchases and facilitating informed decision-making. However, this revolutionized change in the indirect tax regime has necessitated a deeper understanding of its implications for consumer rights and protections. Although GST does not explicitly deal with consumer rights, its impact on consumer welfare is undeniable. Despite this, the Consumer Protection Act of 2019 addressed new issues with e-commerce and online transactions while reiterating consumer rights in the digital age. This paper explores the interplay between consumer rights, GST regulations, and emerging consumer protection mechanisms in India. It examines key facets such as anti-profiteering measures, e-commerce regulations, and the treatment of service charges under GST. The paper aims to highlight the role of GST in streamlining taxation and fostering consumer welfare while advocating for a transparent and equitable market environment. By upholding principles of fairness, transparency, and accountability, GST can catalyze inclusive growth and prosperity in the Indian economy, aligning with the vision of “Viksit Bharat 2047.”

India and the Global Trade: Globalisation vs. Trend

Ankit Ajay Shripatwar — Mon, 03 Mar 2025 00:00:00 +0000

‘Global trade is integral to the process of globalization’, observed Max Roser et al. (2018). Arguably, through the first decade of globalization India’s imports recorded higher growth than exports. But the growth in exports is more than imports which indicates economic growth for the nation. If we talk about the foreign trade policy of India, it has been always based upon the trends of globalization and world economy. The long history of globalization serves as the foundation for the liberalized economic policy that the Indian government has adopted and put into effect. Globalization is widely regarded as the solution to the economic prosperity of economies worldwide. It is acknowledged that restrictive trade policies inhibit progress and that international trade is actually advantageous. This explains why many emerging economies have shifted to an outward-oriented policy after initially relying on an import substitution growth model. This research focuses on the trade side of globalization in this setting. The most important objective of this article is to examine the growth of foreign trade in India and to analyze the export and import share of major countries.

Balancing Innovation and Confidentiality: Trade Secret Protection For AI-Driven Business Models

Simone Singh, Raaghav Mahendran — Mon, 03 Mar 2025 00:00:00 +0000

This paper examines the interplay between artificial intelligence (AI) and trade secret protection, highlighting challenges posed by AI to traditional intellectual property laws. As AI evolves, it redefines the boundaries of trade secrets—historically centred on human-generated information—due to its ability to learn from diverse datasets and create original content, complicating what qualifies as a trade secret.
AI’s integration into industries revolutionizes processes like data analytics while exposing businesses to risks such as unintentional disclosure of proprietary data via generative AI tools. The capacity of AI to create or uncover valuable information raises two significant legal issues: diminished motivation for human innovation and the threat to confidentiality doctrines. Particularly, confidentiality agreements and the “inevitable disclosure” doctrine face strain, especially in jurisdictions favouring employee mobility.
Globally, trade secret laws vary, with frameworks like the EU Trade Secrets Directive providing uniformity while countries like China and Japan implement unique approaches. International treaties, such as the TRIPS Agreement, set baseline protections but allow regional flexibility, complicating multinational compliance. Companies must adopt tailored safeguards, including NDAs, localized strategies, and technical controls like data encryption, to mitigate these risks and ensure regulatory adherence.
Effective trade secret management requires balancing innovation and security through collaborative industry standards, adaptive legal frameworks, and comprehensive data governance. This paper underscores the urgency for reform and provides actionable strategies to protect intellectual property in the AI era.

Navigating Digital Rights in the Recent Era: Promoting the Freedom and Safety

G Sanjay guru, K Dhivyabharathi — Mon, 03 Mar 2025 00:00:00 +0000

The paper establishes a practical view against privacy that violates human rights. The disputes that arise due to trouble are faced in the technology that is used by the recent generation. Digital rights are closely linked to the use and publishing of digital media, rights even access computers and other electronics and communication networks. Most of the technologies that are beneficial to beings use such expansive knowledge in the digital mode. Why are digital technologies harmful to every individual? Because the people are unaware of problems faced by them while sharing their details. It is the broader way to calculate the significance by using digital technology. Digital rights are very useful by implementing many talents to the world. More ways to restrict the rights of an individual to showcase their skills in the pandemic world. There are infinite methods that restrict digital rights such as copyrights, data privacy, basic human rights, etc. Violation of another kind of right is not that reckless, but violating the rights of individual privacy digitally is in a place of insecurity. More disadvantages affect the advantages of using the source, like mobile phones, computers, palm tops, etc. The wrong way of using their data may create a bad impression of the technology development. If people get fear of using resources like private data to log in to some source, then how is digital mode utilized properly? The laws that protect against this confusion are implemented in the Information Technology Act, cybercrime, cybersecurity agencies, etc., that is, to help individuals while their data is in an unsafe position. We, the users of technology, should be aware of overusing our details in common ways. Should not normalize the things of sharing their data on all kinds of unauthorized websites or links that are provided on mobile phones. Nowadays, people are knowingly and unknowingly using their private data to be ejected without their consent. Why is privacy stolen repeatedly? Even laws are being set up to secure people from scamming and hacking. How can the technology also protect the private data? Through the apps and services licensed by the Government that help to keep your information secure, such as privacy score, disconnect, safe shepherd, cocoon, Anchor Free hotspot shield, LBE privacy guard, and Burn Notes. Encourage and recommend technologies that enhance privacy and security such as encryptions and protection of communication tools.