research exploring blockchain technology use cases in the world of copyright administration. According to their findings, blockchain has the potential to radically alter the way intellectual property is handled both “domestically and internationally.”
Dr. Yu continues to explain that, particular to the copyright system, the blockchain ledger can provide a method by which people can determine the status of a particular record, such as whether the copyright has fallen into public domain or become orphaned. The final benefit discussed in Dr. Yu’s paper, disintermediation, involves blockchain’s ability to operate independently of a governing body.