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Thread: Block chain, Lockers, Opem Markets, Adancing Tech Progress

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    Block chain, Lockers, Opem Markets, Adancing Tech Progress

    Blockchain, Lockers and open markets might be the key to clearing up the international IP mess and improving collaboration to accelerate progress. Putting the keys to lockers that hold sections of IP in Block chian with a description of the contents function would not only establish who invented what and when but allow collaboration instead of massive duplication of many efforts that goes on now with all the disputes this involves. Prices could be set just like the stock market with bid and ask prices, call options and put options of various lengths and strike prices just like stocks. This could increase progress and actually whole or pieces of technology to be marketed for several uses and not just the original intended one. I hope a world wide platform could be set up along these lines that would speed up progress through collaboration, knowing who is working on what and whether it economically better to buy some technology rather than develop it. IP is the new currency/asset and it's time to treat it as such. Only an open, transparent platform can accomplish this and we are very, very far from that now and a large amount or time, talent and resources are wasted now. It's time for a change from a system that is totally antiquated and obsolete. This could also settle disputes who developed what at what time in a way that is beyond dispute. It's time for a change from the massive failures the current system has.

    All this needs to be done upon an agreed upon world wide platform with a set conflict resolution structure that has the ability to adapt to changes in an agreed upon structure. This could be set up modeled after the international financial markets. Currently we have a highly conflicted mess that generates an endless stream of work for the legal profession. The patent/copyright system needs massive change as it hasn't changed to adapt to a modern world where the economic half lives of knowledge are getting shorter and shorter with ever larger groups working in the same areas. Fostering collaboration to avoid massive and wasteful duplication of efforts with the bad side effects that go with it should be dealt with from the early inception of new knowledge.

    It's past time for a whole new structure of how IP is developed, deployed and educational systems built around it. Our current systems are failing to make maximum efficient use of our resources in a way that become more inefficient and wasteful in numerous ways as time and progress move on. Tying in our educational systems to take advantage of the increasing level of progress also has to be incorporated into this structure for everything is speeding up to the point a larger portion of education is obsolete before it can even be used.

    IP is the new gold and requires fresh thinking on deployment, use, education and training. The old systems have failed to keep up and are creating problems from inception to education/training in its use. Efficiency is key and should be considered at every step. This will require markets, governments and social structures to adapt in ways we haven't even imagined. Handling new technologies will require skill sets totally outside the current realm of how IP is handled and engineering talent will have to work ever more with the financial, legal and political systems that at this point are failing to keep up.

    This is a very rough start, but it has to be done or conflicts will grow and become ever more dangerous in ways we haven't taken into consideration.

    Comments, thoughts and possible solutions solicited and welcome.

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    Last edited by Arthur Hanson; 3 Weeks Ago at 04:27 AM.
     

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    Blogger Daniel Payne's Avatar
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    Arthur,

    Have you visited the World Intellectual Property Organization web site?

    Making International IP Law: An Interview with Francis Gurry

    Their charter is to achieve consensus among 191 member states on IP law.

    We don't need Blockchain technology, which is highly inefficient because it duplicates all transactions in thousands of locations.

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    Dan, the suggestion of Blockchain or some high security system that is fully transparent is just for the keys to the lockers to know who does what. Do you have any thoughts on this. I also feel the current financial markets actually have better methods of security than blockchain which as time goes on, is being proven not to be as secure as the hype suggests.

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    Blogger Daniel Payne's Avatar
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    Arthur, Computer scientists already know how to make transactions safe and secure, think online banking, NSYE and NASDAQ, all made possible without blockchain because they are centralized. Almost every week I read articles of Blockchain-based Bitcoins being stolen, so please don't believe that only Blockchain is secure:

    Bithumb: Bitcoin exchange says over $30 million in cryptocurrencies stolen

    Coincheck: $530M cryptocurrency heist may be biggest ever

    Steve Wozniak had $70,000 in bitcoin stolen after falling for a simple, yet perfect, scam - MarketWatch

    $1.1B in cryptocurrency was stolen this year, and it was easy to do

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    It wouldn't be about security, it would be about transparency. I agree with you about Blockchain completely. It does establish a chain of custody and there are many ways this can be done. The current IP system is a mess of systems that is not only a failure, but grossly unfair. Since IP is now the most valuable resource, we must come up with a better system and it MUST be international. I'm just trying to get people to take this seriously and think about it. IP already is the largest store of value in the world.

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