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How is Blockchain enabled Intellectual Property management helpful?

Intellectual Asset Management encompasses many services. A few of them are – hundreds of billions paid annually for prosecuting, litigating, and acquiring patents; for licensing music, film, and other creative properties and; for transacting designs, trade secrets, trademarks, and other intangibles.
Rights holders experience chronic friction to realize value from their rights. Blockchain enabled IP management platform eliminates the above challenges by providing a secure, cost and time effective solution.