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Tokenization of Intellectual Property in Research and Innovation Processes: Between Technological Utopia and Dogmatic Paralysis
Abstract
This article provides a critical legal analysis of the phenomenon of intellectual property (IP) rights tokenization. The paper posits the thesis that the implementation of mechanisms based on blockchain technology, while offering revolutionary solutions to the problems of liquidity, valuation, and commercialization of intangible assets, is fraught with fundamental normative conflicts that undermine its legality and effectiveness within current legal orders. The analysis, conducted using dogmatic and comparative law methods, focuses on three key problem areas: (1) the collision of the global nature of blockchain with the principle of territoriality of IP rights; (2) the inadequacy of traditional formal requirements, particularly the written form, for the specifics of on-chain transactions; and (3) the crisis of regulatory classification of IP tokens under capital market law regimes. In conclusion, the authors assert that tokenization acts as a catalyst for legal evolution, forcing a revision of fundamental concepts such as jurisdiction and state coercion.
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