By Bob O’Brien, Digital Strategist, TIBCO
May 17, 2017
Deployed in the enterprise, this same model can help track the origin of goods to ensure sustainable use of raw materials, verify provenance of intellectual property, map physical or digital asset ownership, aid in recovery of stolen goods, and more.
Blockchain may greatly increase the speed at which intellectual property claims are settled, provide better supply chain transparency, and increase the value of products by providing a clear history of where they came from. Will possession continue to be nine-tenths of the law? Maybe not. We might be on the cusp of being able to prove all ten-tenths of ownership using blockchain.