Authorities in the United States set to leverage blockchain technology for intellectual property rights

The Commercial Customs Operations Advisory Committee (COAC) and U.S. Customs and Border Protection (CBP), will be meeting to discuss the use of blockchain.
Authorities are set to leverage blockchain for intellectual property rights enforcement.

Ken Chigbo Independent Analyst

Authorities in the United States are working on launching a blockchain pilot for the purpose of intellectual property rights.

There is an upcoming Commercial Customs Operations Advisory Committee (COAC) meeting with the U.S. Customs and Border Protection (CBP), a federal law enforcement agency, as they intend to trial distributed ledger technology (DLT) in intellectual property rights (IPR) enforcement by the end of August 2019.

The report details that the CBP is are set to leverage blockchain technology in IPR enforcement. The agency are planning on conducting a DLT pilot later in August, and the testing phase will run till late September 2019.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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