Part II Of NFTs, Copyright And Beyond

Challenges Ahead

It remains to be seen if the NFT trading activity will continue on the same rising path, how this distributed ledger technology (DLT) will evolve in the coming years and whether this technology will provide the solution to the many challenges faced by intellectual property creators on how to authenticate, register and certify the ownership of their Work, how to trade their Work, but most importantly how to protect their Work from copyright infringement.

We highlight here some of the challenges that will need to be considered and addressed for the further development of NFTs:

Intellectual Property Rights and Protection

Protection of intellectual property rights of IP owners is a key concern. With more piracy cases being reported, investors and creators may be more reluctant to turn to this form of trading. It will be interesting to see if platform operators will be deemed to have legal responsibility or liability in intellectual