The Future Of Blockchain In Intellectual Property

February 9, 2023 1 Min read Views 88 BUSINESS

A simple way to understand the blockchain is as a decentralized accounting ledger. Records on the blockchain, known as blocks, can represent money, NFTs, documents, goods, and other assets. In the blockchain, an audit trail of a transaction is immutable across many-multiple computers. Anyone can look up and verify the chain of ownership, but it’s encrypted, so no user information is exposed, and the transaction can’t be forged.

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