Kazakh Firm Unveils Blockchain Copyright Protection Platform
Kazakh Company Launches Blockchain Copyright Protection Platform
The Kazakh company Future Nft Technology limited has recently launched a blockchain copyright protection platform known as Central Asian Intellectual Property Registry (CARRIP). This platform is designed to register intellectual property rights and monitor transfer transactions, as reported by Kazinform on Jan. 31.
According to the company’s advisor Temirlan Tulegenov, the platform was launched at the end of 2023 and has been gaining popularity among users. Upon registering on the platform, users have the ability to upload a file and categorize it as an audio recording, a text document, a video, a photo, a drawing, or another file.
The system then determines the price, and users can receive a certificate with the date and time, depending on the size of the file. This certificate serves as proof that users have retained their intellectual property on CARRIP.
In recent years, Kazakhstan has been actively developing its creative industries. According to the United Nations Conference on Trade and Development (UNCTAD), the creative sector in the country encompasses 14 spheres, including design, art, fashion, cinema, music, media, computer graphics, education, and other areas based on intellectual activity.
Tulegenov stated, “The idea of the creative economy is to monetize talents. Kazakhstan joined the international conventions and treaties in the field of intellectual property, but the intellectual property rights market requires adaptation to modern trends in the development of the creative economy.”
Blockchain technology, widely used in areas such as cryptocurrencies and banking transactions, offers significant potential for protecting copyrights in intellectual property. The encryption in the blockchain controls the protection of different records, preventing non-owners from copying and editing.
The launch of CARRIP represents a significant step forward in the protection of intellectual property rights in Kazakhstan and the wider Central Asian region. With the rise of digital content creation, the need for robust copyright protection measures has become increasingly important, and platforms like CARRIP are poised to meet this demand.
