Blockchain, intellectual property and fashion

Abstract

Definition: A blockchain is a distributed ledger that can record all sorts of transactions between users (Distributed Ledger Technology). This ledger is not centralized in one computer but distributed onto the computers of participants, also known as ‘nodes’. It is safe, transparent and operates outside any central control body. Different types of blockchain: the network is more or less open, depending on the type of blockchain. There are three types of blockchain: The choice of a blockchain does not only constitute a technical challenge but a governance issue: in the case of private blockchains, the protocol and conditions of use are defined by the network administrator. Disintermediation?: This technology is disruptive as it does not require a central authority. It does not require the involvement of a third party (eg banks, public registries, etc) to transfer value or secure the transaction. In traditional databases, a transaction needs...