When blockchain technology first emerged, many people choose to ignore. However, it has now become something that cannot be ignored as it grows in popularity and is used more and more in mainstream business.
This has made some sit up and take note.
One such organisation who have decided to explore blockchain a bit more is the UK Intellectual Property Office.
The UKIPO has joined forces with audio-visual and image organisations to complete an investigation of the potential of blockchain.
This investigation is also going to involve blockchain rights company Jaak.
Obviously looking at the tech with IP glasses on, the key objective are to explore how blockchain can improve the access and availability of public domain works, which include expired copyright works.
This will be a substantial and high-quality project, as some of the collaborators involved are the British Film Institute, the Design and Artists Copyright Society, the British Association of Picture Libraries and Agencies, and the Federation of Commercial Audiovisual Libraries.
It has also been confirmed that similar solutions will also be considered for orphan works, which are works where the owner is not known.
Speaking of the new project, David Humphries, who is head of research at the UK IPO, said: ÂIt is important for the UK government to better understand how new technological solutions, such as blockchain, impact on the IP framework.Â
As a firm who is very interested in blockchain as a new technology, we will certainly be keeping our eye out for any updates on this project, updates we will of course pass on to you.