Blockchains are the most expensive and most inefficient
databases one can imagine. This is exactly what makes them
interesting for certain processes in Intellectual Property
management.
Do you believe that blockchain is here to save the future of IP
management? In an engaging presentation delivered during a
live seminar on May 16, 2018 in Munich, Dr. Richard Brunner, Chief
Legal Officer of the Dennemeyer Group, thoroughly challenged the
established notion of blockchain as a salvation
technology.
Although blockchain patent registrations reached a peak within
the areas of IT methods for management and digital communication in
2017, Dr. Brunner showed that the blockchain concept is not as new
as one might believe. Wei Dai coined the term
"cryptocurrency" as early as 1998 and Satoshi Nakamoto
published his famous whitepaper, "Bitcoin: A Peer-to-Peer
Electronic Cash System," in 2008.
