A Blockchain-Based Smart Contract Framework for Enterprise Intellectual Property Management

Abstract

Blockchain technology has emerged as a pivotal innovation, enabling significant advancements in secure data management across various sectors. Based on this, the paper will propose an innovation to enhance enterprise intellectual property (IP) management efficiency through blockchain-based smart contract technology. Our proposed framework combines Supersingular Isogeny and Hosmer–Lemeshow Logistic Regression for secure management and sharing sensitive IP data across a decentralized, tamper-proof platform. This ensures robust protection of IP rights while enabling seamless sharing and verification. To that effect, we implement a Hyperledger Fabric with a Proof-of-Stake (PoS) mechanism and optimize smart contract handling of IP-related transactions — including ownership transfers, licensing and royalty management to improve the efficiency of operations with low computational costs. The hybrid multi-criteria model of the Decision-Making model and robust multi-objective optimization are applied, bringing about streamlined decision-making processes in IP asset evaluation and selection; hence, it assists firms in choosing the appropriate IP assets to prioritize and distribute based on profitability and strategic goals. In addition, to optimize licensing agreements allocation and minimize legal costs, we also present a Vehicle Routing Problem with a Time window and Robust Optimization-based Fuzzy bi-objective Mixed Integer Linear Programming for negotiating contracts and efficient distribution of royalties. Last but not least, using the Ethereum Generic Framework with Proof-of-Authority enables the safe integration of nodes, thus making it possible to have transparent tracking and verification of IP transactions across different networks. It allows for comprehensive, scalable, secure and efficient IP rights management with minimal administrative burdens and transparency about enterprise-wide IP management.