Cognate's Trademark Blog

Blockchain & The Law Weekly Roundup: 11 August 2017

Here are our latest updates from the world(s) of blockchain, law, technology and intellectual property.

Audio and image identification is a hot topic at the moment and this is reflected in the employment of blockchain technology being developed to start solving recognition and compensation issues.


Title:  From Bills Of Lading To Blockchain Structures: Part 1

Author:  Law360

Date:  10 August 2017

URL:      (Paywall)

Extract: A bill of lading is an old form of legal document. Early progenitors of the bill of lading emerged in the seventeenth and eighteenth centuries as medieval trading practices yielded to more modern mercantilism.

As merchants ceased embarking personally on ships to accompany their shipped goods, but instead entrusted the goods to the shipper to transport and deliver at their destination, those merchants needed a way to make tangible and transferable the right to receive the entrusted goods and the contract of carriage of those goods….


Title:   (Canada) Groupe Média TFO creates blockchain prototype to track copyrights on creative work


Date:  11 August 2017


Extract: The Canadian government’s Groupe Média TFO announced that it is creating a “Blockchain TFO,” a new royalty model for audio and visual content creators in Canada.

According to Groupe Média TFO, Blockchain TFO is meant to target players from the digital cultural productions industry, including people working on movies, TV shows, and other digital content.

The group said Blockchain TFO, which is currently in its prototype stage, is designed to track copyrights and compensate creative works on a blockchain platform. The aim is to ensure content creators get fair compensation for the consumption of their work.


Title:   Blockchain Beyond Bitcoin: How Blockchain Will Transform Business in 3 to 5 Years. Everyone says blockchain is going to be huge. Here’s what it will actually change, with specific examples in business and government.


Date:  August 2017


Extract: In other words, blockchain enables trust through visibility. That has huge implications. Those implications include creating new types of contracts–smart contracts, say Owyang and report co-writer Jaimy Szymanski.

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