Despite the constant buzz about artificial intelligence, many commentators predict that blockchain will drive the next wave of legal innovation. This webinar will discuss new possibilities for the use of blockchain in the IP arena and the services that are already available from a bevy of start-ups and other providers.
Blockchain is a distributed ledger or database running on multiple devices and open to anyone, where not just information but anything of value can be moved and stored securely and privately. Though products are still in the early stages, blockchain could provide solutions for the IP industry in areas such as:
Evidence of creatorship – Individuals and companies could identify their innovation and place it on record within a blockchain. Evidentiary issues around who was the first to create an idea could then be solved through the blockchain’s timestamp.
Ownership and assignment -- Blockchain technology could provide clear and accurate ownership records of IP assets. License agreements could even be created and recorded through smart contracts via the blockchain itself, providing an accurate and up-to-date ledger.
Anti-Counterfeiting Measures – Blockchain could assist in the authentication and identification of origin in the detection and retrieval of counterfeit, stolen, and parallel-imported goods.
VIncent Fitzsimmons, IPwe
Maurice Pirio, Perkins Coie
Dan Staudt, Siemens
Vincent Fitzsimmons is the chief operating officer of IPwe. IPwe, which is a participant in IBM’s Blockchain Accelerator, is creating a global patent registry to make patent transactions quicker and cheaper. Vince joined IPWe last year from CPA Global, in the IP Management space, where he spent seven years driving global sales and operations.
Maurice Pirio is a partner at Perkins Coie. A veteran software patent prosecutor and strategist, Maurice has recently focused his practice on blockchain technologies such as bitcoin, distributed ledgers, smart contracts, and machine learning technologies. He has also has successfully handled well over 50 appeals before the PTAB.
Dan Staudt (Moderator)
Daniel Staudt is Vice President and Chief IP Counsel of the Siemens Corporation IP Department. Dan is responsible for all IP legal matters for the Siemens North American Operating Companies including its digital industries, smart infrastructure, and energy businesses. Dan is vice president of IPO, and a member of its board and executive committee. He has been practicing IP law for almost 30 years.