Re-examining the Role of States in SupportingKnowledge-Based Ideas for Achieving Good Governance(Case Study: Supporting Ideas Through Non-FungibleTokens (NFTs) Based on Blockchain Technology)

Abstract

The present research aims to propose a novel, practical, and scientifically grounded approach based on blockchain technology to support and protect ideas and intellectual assets in the domain of intellectual property rights—specifically, by defining non-fungible tokens (NFTs) to achieve this objective toward maximizing individual rights protection and attaining good governance; additionally, examining the relationship between states as agents for achieving good governance and emerging technologies as tools for this process constitutes the core research problem. The study is premised on the hypothesis that since new knowledge-based technologies are proliferating at an exponential pace in a knowledge-driven economy where commercial ideas play a pivotal role in the global market, establishing support frameworks for creators' rights—while anchored in advancing good governance—will foster societal economic growth, as protecting idea-holders and knowledge-owners constitutes a fundamental right essential to every proprietor; preserving privacy and human dignity is vital for maintaining societal relationships and the rule of law, forming the foundation of a dynamic society geared toward enhancing political, economic, and administrative authority. Idea-holders and intellectual property owners persistently seek to protect the fruits of their thought through available means; the exponential growth of science and the evolution of asset categories have transformed preservation methods for such assets, such that traditional approaches cannot sufficiently achieve this goal for enhanced rule of lawand transparency; thus, more efficient technology-based solutions must be pursued. Findings indicate that leveraging emerging technologies like blockchain and tools such as tokens can address idea-holders' challenges by preserving ideas while pioneering novel methods for proving proprietary rights, thereby further contributing to good governance.